The Federal Reserve left interest rates at a two-decade high, but all the attention was on what it will do next.
Category: Inflation (Economics)
-
Global Markets Tumble Amid Fears of a U.S. Hard Landing
Investors are focusing on slowing U.S. economic growth as calls for the Fed to cut interest rates grow louder.
-
Fed Will Scour Jobs Report for Signs of Weakness
Central bankers are preparing to cut interest rates, and are warily monitoring job data as they consider when and how much to lower them.
-
Productivity Surges 2.3%, Beating Forecasts
Output was up sharply in the second quarter, with the rise in goods produced far exceeding the increase in hours worked.
-
Bank of England Cuts Interest Rates for First Time Since 2020
Central bank policymakers lowered rates to 5 percent amid lower inflation in Britain, but they warned that future rate cuts would come slowly.
-
Trump Promises Lower Interest Rates, but the President Doesn’t Control Those
The Federal Reserve sets interest rates, and it operates independently of the White House. But rates could come down as inflation cools.
-
Politics Makes the Fed’s Job Trickier, but Doesn’t Drive Its Decisions
Central bankers are independent of the White House as they set interest rates. But the political cycle can put them under unwanted limelight.
-
Bank of Japan Raises Interest Rates for Second Time Since 2007
The closely watched move by the Bank of Japan could bolster the country’s beleaguered currency.
-
Is the Labor Market About to Crack? It’s the Key Question for the Fed.
Central bankers are paying more attention to the strength of the job market as inflation cools. But it’s a tough time to gauge its resilience.
-
Why Global Investors Are Watching What Japan Does Next
Officials at Japan’s central bank are considering when to raise interest rates, as their counterparts in the United States plan to cut them, which could rattle markets around the world.
-
Japan Wanted Higher Inflation. It’s Here, and It Hurts.
Japan’s economy is faltering after a rise in prices led consumers to cut back on spending.
-
Fed’s Preferred Inflation Number Cooled Overall in June
The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down.