The European Central Bank and Bank of England were expected to hold interest rates steady on Thursday while searching for signs of possible longer-term damage.
Category: Inflation (Economics)
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What to Watch at the Federal Reserve’s April Meeting
The U.S. central bank is widely expected to hold interest rates steady at what is scheduled to be Jerome H. Powell’s final meeting as chair.
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What to Watch at the Federal Reserve’s April Meeting
The U.S. central bank is widely expected to hold interest rates steady at what is scheduled to be Jerome H. Powell’s final meeting as chair.
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Kevin Warsh, Trump’s Fed Chair Pick, Faces Skepticism Over Claim of Independence
Kevin Warsh’s nomination to lead the Federal Reserve could still be delayed by a Justice Department investigation into the current chair, Jerome H. Powell.
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Kevin Warsh, Trump’s Pick to Lead Fed, Faces Senate at Tricky Moment
Kevin M. Warsh has enough support to become the next chair of the Federal Reserve, but a criminal investigation into the central bank stands in his way.
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The Peace Rally Gets Derailed
Oil prices are climbing and global stocks are falling as investors worry about the prospects for a speedy end to the war in the Middle East.
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Why Your Paycheck Feels Smaller
Ben Casselman, our chief economics correspondent, explains why wages are not keeping up with inflation and what that means for American workers and the economy.
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White House Shrugs Off Shaky Economy as War Exceeds Trump’s Timeline
Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans.
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Despite Iran War’s Effects, PepsiCo Says Consumers Still Spending on Snacks
Executives at the food and drink giant announced a rise in sales of drinks and snacks but warned that “inflation will come.”
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Amid Iran War, Companies Look to Extend a Record Profit Run by Raising Prices
Higher inflation is leading companies to raise prices without sacrificing margins.
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Kevin Warsh, Trump’s Pick for Fed Chair, Discloses Vast Wealth Ahead of Confirmation Hearing
Kevin M. Warsh vowed to divest a substantial amount of his more than $100 million in assets as he faces a complicated path to becoming the next chair of the Federal Reserve.
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Investors Brace for a New Hormuz Blockade Threat
President Trump’s plan to bar ships from entering or leaving Iranian ports has put markets on edge and added to global economic uncertainty.