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Flood of Workers Has Made the Fed’s Job Less Painful. Can It Persist?
Posted inFederal Reserve System Foreign Workers Hiring and Promotion Inflation (Economics) Labor and Jobs United States Economy

Flood of Workers Has Made the Fed’s Job Less Painful. Can It Persist?

Federal Reserve officials thought job gains would taper off more, but they’ve remained strong. An improving supply of workers has been crucial.
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Posted by By Jeanna Smialek
The Fed Slaps Deutsche Bank With a $186 Million Fine
Posted inBanking and Financial Institutions Danske Bank A/S Deutsche Bank AG Estonia Federal Reserve System Fines (Penalties) Germany Money Laundering Regulation and Deregulation of Industry United States

The Fed Slaps Deutsche Bank With a $186 Million Fine

The regulator said the German lender was too slow to comply with orders to address its money-laundering controls.
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Posted by By Matthew Goldstein
U.S. Recession Appears Less Likely, Economists Say
Posted inFederal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Recession and Depression United States Economy

U.S. Recession Appears Less Likely, Economists Say

Rising interest rates were widely expected to put the U.S. economy in reverse. Now things are looking rosier, but don’t pop the Champagne corks yet.
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Posted by By Ben Casselman and Jeanna Smialek
Inflation Cools Sharply in June, Good News for Consumers and the Fed
Posted inConsumer Price Index Federal Reserve System Inflation (Economics) Interest Rates United States Economy

Inflation Cools Sharply in June, Good News for Consumers and the Fed

The Consumer Price Index moderated considerably in June compared with a year earlier, offering relief to Americans after two years of rapid inflation.
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Posted by By Jeanna Smialek

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