Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.
Category: Federal Reserve System
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Inflation Is Cooling, Leaving America Asking: What Comes Next?
After six months of declines, inflation seems to be turning a corner. But the road back to normal is an uncertain one.
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Fed Rate Increases Have ‘A Ways to Go,’ Top Official Says
John C. Williams, the president of the Federal Reserve Bank of New York, said central bankers must “keep moving” in their inflation fight.
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As Fed Nears Next Rate Decision, Its Vice Chair Cites Reasons for Hope
Lael Brainard, the vice chair of the Federal Reserve, emphasized that non-wage causes have driven inflation in a sweeping speech.
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Oliver Stone Goes Nuclear at Davos
At the World Economic Forum, the provocative filmmaker received a warm reception for his film promoting nuclear power.
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As Debt Ceiling Threat Looms, Wall Street and Washington Have Only Rough Plans
A default would most likely rattle markets and carry big risks, no matter how the Federal Reserve and Treasury try to curb the fallout.
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Investors Are Walking a Tightrope as Stocks Head for a Second Weekly Gain
Signs of slowing inflation are competing with downbeat company forecasts as earnings season begins.
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I.M.F. Sees World Economy ‘Bottoming Out’ in 2023
Kristalina Georgieva, the managing director of the International Monetary Fund, predicts that a global recession can be avoided.
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Inflation Is Slowing, Good News for American Consumers and the Fed
Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Inflation slowed last month thanks to cheaper fuel and airfares.
The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
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Disney Prepares for a Board Fight by Nelson Peltz
After months of talks, the activist investor Nelson Peltz is jockeying for a director position at the entertainment giant as he pushes for a series of changes.