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Smaller Rate Increase by Federal Reserve Likely as Inflation Cools
Posted inBanking and Financial Institutions Consumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy Wages and Salaries

Smaller Rate Increase by Federal Reserve Likely as Inflation Cools

America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes next.
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Posted by By Jeanna Smialek
A Closely Watched Measure of Inflation Slowed in December
Posted inFederal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

A Closely Watched Measure of Inflation Slowed in December

The Personal Consumption Expenditures price index climbed 5 percent from a year earlier, slower than the reading last month.
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Posted by By Jeanna Smialek
Consumer Spending Slid Again in December
Posted inConsumer Behavior Federal Reserve System Inflation (Economics) Interest Rates United States Economy

Consumer Spending Slid Again in December

Fresh data offered more detail on how shoppers retrenched at the end of 2022.
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Posted by By Ben Casselman and Jeanna Smialek
Elon Musk Meets With House Speaker Kevin McCarthy
Posted inInflation (Economics) internal-storyline-no McCarthy, Kevin (1965- ) McDonald's Corporation Musk, Elon Suits and Litigation (Civil) Twitter

Elon Musk Meets With House Speaker Kevin McCarthy

Elon Musk, the billionaire owner of Twitter, met with House Speaker Kevin McCarthy, stoking speculation about what the two had discussed.
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