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Europe’s Inflation Issue Moves Into a New Phase: From Profits to Wages
Posted inBanking and Financial Institutions Europe European Central Bank Eurozone Inflation (Economics) Interest Rates Lane, Philip Richard Wages and Salaries

Europe’s Inflation Issue Moves Into a New Phase: From Profits to Wages

The European Central Bank expects to bring down inflation, with a big caveat: Companies need to let profits fall as they pay for higher wages.
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Posted by By Eshe Nelson
GDP Revision Shows Bigger US Economic Growth in Q1
Posted inCommerce Department Government Bonds Gross Domestic Product Income Inflation (Economics) Interest Rates Recession and Depression United States Economy

GDP Revision Shows Bigger US Economic Growth in Q1

Government data showed that G.D.P. rose at a 2 percent rate in the first quarter, better than initially reported.
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Posted by By Ben Casselman
Fed Chair Says He Expects Slower Rate Increases to Continue
Posted inFederal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H

Fed Chair Says He Expects Slower Rate Increases to Continue

After rapid interest rate increases, Federal Reserve officials could move to a steadily slower pace — though they aren’t ready to commit.
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Posted by By Jeanna Smialek
Top Central Bankers Expect More Rate Increases Amid Stubborn Inflation
Posted inBank of England Banking and Financial Institutions European Central Bank Federal Reserve System Inflation (Economics) Interest Rates Lagarde, Christine Powell, Jerome H Ueda, Kazuo United States Economy

Top Central Bankers Expect More Rate Increases Amid Stubborn Inflation

The heads of the Federal Reserve, European Central Bank and Bank of England said that while inflation was moderating somewhat there was still more work to be done.
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Posted by By Eshe Nelson

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