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The Fed’s Preferred Inflation Gauge Sped Back Up
Posted inConsumer Behavior Federal Reserve System Inflation (Economics) Interest Rates United States Economy

The Fed’s Preferred Inflation Gauge Sped Back Up

Inflation is down from its peak last summer, but recent readings have shown substantial and surprising staying power.
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Posted by By Jeanna Smialek and Ben Casselman
Fed Minutes Showed Policymakers Were Still Intent on Easing Inflation
Posted inBanking and Financial Institutions Consumer Behavior Inflation (Economics) Interest Rates United States Economy

Fed Minutes Showed Policymakers Were Still Intent on Easing Inflation

Federal Reserve officials thought they needed to do more to cool the economy even before a series of strong data releases in recent weeks.
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Posted by By Jeanna Smialek
Walmart Warns That Shoppers Are Feeling the Squeeze of Higher Prices
Posted inCompany Reports Home Depot Inc Inflation (Economics) Shopping and Retail Walmart Stores Inc

Walmart Warns That Shoppers Are Feeling the Squeeze of Higher Prices

The retail giant reported strong results for the holiday shopping season, but said that the coming year would be tougher.
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Posted by By Isabella Simonetti
Turkey’s Reeling Economy Is an Added Challenge for Erdogan
Posted inCurrency Earthquakes Economic Conditions and Trends Erdogan, Recep Tayyip Inflation (Economics) Infrastructure (Public Works) Politics and Government Turkey Turkey Earthquake (Feb 6, 2023)

Turkey’s Reeling Economy Is an Added Challenge for Erdogan

The earthquake’s staggering reconstruction bill will join other economic woes as the country’s autocratic leader faces re-election.
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Posted by By Liz Alderman

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