The overall economy has proved resilient in recent years, even as many households have struggled. The war with Iran is following the same pattern.
Category: Inflation (Economics)
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The U.S. Economy Is Insulated From High Oil Prices. Americans Aren’t.
The New York Times – Business: -
Iran War Narrows Fed’s Path to a Rate Cut
The New York Times – Business:Jerome H. Powell, the Fed chair, wants to keep the central bank’s policy options open as officials stare down another economic shock that threatens to stoke inflation and crimp growth.
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The Effects of High Oil Prices
The New York Times – Business:Our chief economics correspondent, Ben Casselman, breaks down how gasoline prices have responded to the oil crisis in the Persian Gulf, and what is in store for inflation if the price of oil remains above $100 per barrel.
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The Best We Should Hope For From the Fed: Nothing
The New York Times – Business:A rate cut in the next few months could signal major problems in the economy.
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The Best We Should Hope For From the Fed: Nothing
The New York Times – Business:A rate cut in the next few months could signal major problems in the economy.
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Federal Reserve holds interest rates steady as Iran war upends the economic outlook.
The New York Times – Business:Most officials at the U.S. central bank still expect at least one quarter-point cut to interest rates this year.
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Trump Renews Demand for Rate Cuts as Fed Grapples With War in Iran
The New York Times – Business:Oil prices are soaring, threatening a wider problem with inflation, but the president has insisted that borrowing costs must be lowered.
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What to Watch at the Federal Reserve’s March Meeting
The New York Times – Business:The U.S. central bank is widely expected to hold interest rates steady as officials assess the economic fallout from the war with Iran.
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Iran’s Hormuz Stranglehold Upends Markets and Geopolitics
The New York Times – Business:Energy prices continued to climb around the world as war in the Middle East intensifies. That has scrambled President Trump’s foreign policy strategy.
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Why Trump’s Strait of Hormuz Problem Is Going Global
The New York Times – Business:President Trump is getting little to no support so far for his call that other countries do their part to try to ease an energy crisis prompted by U.S.-Israeli attacks on Iran.
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Surge in Oil Prices Shakes Pakistan’s Already Fragile Economy
The New York Times – Business:Families preparing for Eid al-Fitr and farmers ready for harvest are being squeezed in a country that gets nearly all its oil through the Persian Gulf.