JPMorgan Chase, Wells Fargo and BlackRock reported strong quarterly results to kick off earnings season, but concerns linger about the strength of the consumer.
Category: Inflation (Economics)
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Inflation Expected to Cool in September C.P.I. Report
The Consumer Price Index has been gradually easing, a trend that is expected to persist in September data.
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Hurricane Milton, Inflation and the Economy
The superstorm is expected to inflict costly and lasting damage in Florida, as the Federal Reserve is already keeping an eye on upcoming inflation data.
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Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.
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A Strong Jobs Report Suggests the Economy Is More Resilient Than We Thought
After months of wobbling, a fresh jobs report showed that hiring and wage growth are strong, aligning with other robust economic data.
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Jobs Report Adds to Economic Momentum for Harris
In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also cut interest rates, bringing mortgage rates down.
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The Job Market Is Chugging, Completing a Solid Economic Picture
After months of wobbling, a fresh jobs report showed that hiring and wage growth is strong, aligning with other robust economic data.
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U.S. Faces Economic Turbulence Just as Recession Fears Eased
War in the Middle East, the port workers strike and a devastating hurricane have injected uncertainty into the U.S. economy.
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Eurozone Inflation Slows to 1.8%, Bolstering Bets on Faster Rate Cuts
Investors now expect the European Central Bank to lower interest rates at its next meeting in October.
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How the Port Strike Could Affect the Economy
Transportation and warehousing sectors are poised to first feel the pinch, with a broader economic fallout expected if the strike drags on.