The Federal Reserve chair said officials could still raise rates “if” that becomes necessary, and that it’s too soon to guess when they will ease.
Category: Inflation (Economics)
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The 60/40 Portfolio Is Alive and Well
The storm over the so-called 60/40 investment portfolio misses the point, our columnist says. The key issue is diversifying your portfolio, and that is as important as ever.
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More States Now Require Financial Literacy Classes in High Schools
The surge in offerings is a response to the pandemic, which revealed glaring income inequality, as well as inflation and the resumption of student loan payments, an expert said.
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The Fed’s Preferred Inflation Measure Eased in October
The Personal Consumption Expenditures price index continued to cool and consumer spending was moderate, good news for the Federal Reserve.
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Eurozone Inflation Falls Faster Than Expected
Prices rose at an annual rate of 2.4 percent in November among the countries that use the euro, continuing a broad decline in energy and food inflation.
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What to Expect at Today’s DealBook Summit
Vice President Kamala Harris, Elon Musk, Bob Iger, Jamie Dimon and Tsai Ing-wen, the president of Taiwan, are among the big names speaking.
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Fed Officials Hint That Rate Increases Are Over, and Investors Celebrate
Stocks and bonds were buoyed after even inflation-focused Federal Reserve officials suggested that rates may stay steady.
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Even Most Biden Voters Don’t See a Thriving Economy
A majority of those who backed President Biden in 2020 say today’s economy is fair or poor, ordinarily a bad omen for incumbents seeking re-election.
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There’s a Lot Riding on Black Friday and Cyber Monday
The White House and economists will be closely watching the annual shopping events for insight into what the data says about the state of the consumer.
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Turkey Raises Interest Rates to 40 Percent to Tame Runaway Inflation
The country’s central bank increased rates by 5 percentage points in an attempt to deal with the soaring cost of household necessities and the devaluing of the lira.
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Black Friday Isn’t What It Used to Be
Big discounts, many of them online only, start appearing well before Thanksgiving and will run long after. Some people still go to the mall, though.