The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation.
Category: Inflation (Economics)
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Trump Says America Is in ‘Golden Age,’ Straining to Address Affordability
Speaking at a gathering of McDonald’s franchise owners and operators, the president boasted that he had “normalized” inflation.
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Trump Administration Lifts Some Food Tariffs in Effort to Ease Prices
It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place.
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The Astonishing Bull Market Will End One Day. Are You Ready?
Big stock gains have always been followed by big losses. Here are tips on how to prepare.
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The Fed’s Recent Rate Decisions Have Been Divisive. It Is Likely to Get Worse.
The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor market and resurgent inflation.
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Britain Faces Up to Tough Economic Choices. Finally, Economists Say.
The central bank held interest rates steady on Thursday, a decision that came at a time when British policymakers and lawmakers are confronting economic challenges.
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Holiday Consumer Spending Could Exceed $1 Trillion, Retailers Project
Despite shoppers’ concerns about rising costs, inflation and the government shutdown, retailers predict sales will increase as much as 4.2% over the holidays.
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A Month Without Data Muddles the Economic Picture
Tariffs and uncertainty were already making the economy hard to read. The loss of government data during the shutdown has made the situation much worse.
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Fed’s Policy Path Looks More Treacherous as Shutdown Delays Critical Data
The central bank is poised to lower interest rates again on Wednesday despite having only a partial view of how the economy is faring.
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Shutdown Could Cancel Next Inflation Report
Since the shutdown began, the Bureau of Labor Statistics has not been gathering the new data it needs to produce future reports, since its staff is furloughed.
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Comparing Savings Accounts and CDs Before the Fed Looks at a Possible Rate Cut
To ensure that your cash is getting the best return, compare the options among high-yield savings accounts and C.D.s.
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Does Your Electric Bill Keep Going Up? We Want to See It.
Utility rates are rising in many places across the country, and we’re continuing to report on the causes and impacts.