The heads of the Federal Reserve, European Central Bank and Bank of England said that while inflation was moderating somewhat there was still more work to be done.
Category: Federal Reserve System
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Can Bidenomics Revive Biden’s 2024 Presidential Bid?
The president plans to extol his economic achievements in a big campaign-style speech. But inflation and recession fears could overshadow the message.
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What Is Happening in the Housing Market?
Home construction surged in May and prices have ticked up, even with interest rates at a 15-year high. The resilience has surprised some economists.
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Stock Market Rally on Pause as Investors Take Cue from the Fed
Investors this week appeared more cautious, ending a long streak of market gains that followed the Fed’s pause in interest rate increases.
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Economists Warn a Summer of Fun Could Lead to Autumn Pain
Consumers are splurging on expensive but fun experiences, from nights out to concerts — and that may force central banks to keep raising rates.
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Fed Chair Sees ‘Long Way to Go’ on Inflation Fight
Jerome H. Powell, the chair of the Federal Reserve, is set to tell House lawmakers that most central bank officials expect rates to rise further.
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Inflation Has Eased, but Economists Are Still Worried
Inflation has come down from its 2022 heights, but economists are worried about its stubbornness.
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Inflation Has Eased, but Economists Are Still Worried
Inflation has come down from its 2022 heights, but economists are worried about its stubbornness.
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What Businesses Can Learn from Antony Blinken’s China Trip
The secretary of state’s visit raised hopes that the world’s two biggest economies might stabilize relations, but the biggest challenges were not unresolved.
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It’s Too Soon to Say Whether This Is a Bull Market, but Invest Anyway
Stocks still haven’t returned to their last peak, and our columnist is in the camp that says this isn’t a bull market yet. But he’s buying stock anyway.
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President Biden Renews Fight on ‘Surprise Fees’ as Inflation Stays High
President Biden will host executives from several companies, including Airbnb and Live Nation, to announce new efforts to end so-called junk fees as inflation remains high.
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Fed Leaves Rates Steady but Forecasts More Moves to Come
Central bankers have lifted rates at the fastest pace since the 1980s, but now they’re taking time to survey how the changes are working.