The president said he would not change his economic approach, adding that his policies were working.
Category: Inflation (Economics)
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An Inflation-Driven Midterm Will Not Change Biden’s Economic Focus
The New York Times – Business: -
Biden Touts Cooling Inflation, Citing Economic Policies
The New York Times – Business:The president took credit for signs that rapid price rises were moderating, after spending months on the defensive about his handling of the economy.
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Takeaways From a Hopeful Inflation Report
The New York Times – Business:The Consumer Price Index in October showed that inflation remained rapid, but there were some hopeful signs under the surface.
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The Week in Business: The Fed Stays Its Course
The New York Times – Business:Job growth slowed last month, but remained strong. Elon Musk cleaned house. And the economy will be a big issue in the midterms.
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Berkshire Hathaway Reports Third-Quarter Loss
The New York Times – Business:The company’s huge investment portfolio lost money, while its insurance arm felt the effects of Hurricane Ian and inflation-driven rises in property and damage claims.
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Fed Frets About Shadow Banks and Eyes Treasury Liquidity in New Report
The New York Times – Business:The Federal Reserve is watching the government bond market and investment funds as rate increases ricochet through finance.
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U.S. Added 261,000 Jobs in Strong Showing
The New York Times – Business:Job growth is slowing but remains stronger than comfortable for the Federal Reserve, which is trying to tame high inflation.
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Employers added 261,000 jobs in October, a sign that the economy is resilient.
The New York Times – Business: -
Expect Higher Health Insurance Premiums, but Not a Lot Higher
The New York Times – Business:Benefit costs may go up as much as 6 percent. Wary of driving workers away, many employers may not pass on the full increases, analysts say.
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Workers Expect Fast Inflation Next Year. Could That Make It a Reality?
The New York Times – Business:The Federal Reserve chair is eyeing near-term inflation expectations, which might shape wages — and help keep prices rising rapidly.
