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.
Posted inFederal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy
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.