Overall inflation stayed at 3.4 percent in September, down from a peak of around 7 percent.
Category: Federal Reserve System
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Inflation Held Steady in September, While Consumers Spent Robustly
Overall inflation stayed at 3.4 percent in September, down from a peak of around 7 percent.
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What’s Going On in the Bond Market?
The rapid rise in interest rates in recent months has shaken investors and cast a cloud over the economy.
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How High Interest Rates Sting Bakers, Farmers and Consumers
Everyone who relies on credit in America is confronting a new reality: Money will cost more for a good long while.
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Powell Says Strong Economic Data ‘Could Warrant’ Higher Rates
The Federal Reserve may need to do more if growth remains hot or if the labor market stops cooling, Jerome H. Powell said in a speech.
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American Household Wealth Jumped in the Pandemic
Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed.
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Investors Are Calling It: The Federal Reserve May Be Done Raising Rates
Investors doubt that central bankers will lift borrowing costs again following big market moves that are widely expected to cool growth.
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Fragile Global Economy Faces New Crisis in Israel-Gaza War
A war in the Middle East could complicate efforts to contain inflation at a time when world output is “limping along.”
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Stocks Slip as Strong Jobs Report Pushes Bond Yields Higher
The report for September showed surprising strength in the economy, but that strength has become a cause for concern among investors.
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Jobs Gains Surge, Troubling News for the Federal Reserve
Federal Reserve officials are happy when the labor market looks strong, but they are trying to cool the economy down to fully wrangle inflation.