The latest Consumer Price Index report, due out on Tuesday, is expected to show that progress in bringing down inflation is slowing.
Category: Inflation (Economics)
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Sharp Drop in Airfares Cheers Inflation-Weary Travelers
Airlines are starting to offer bargain prices, including to popular overseas destinations like Paris, a sign that they are fighting to fill planes.
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A Dud Treasury Auction and a Hawkish Powell Ended a Market Rally
A disappointing Treasury auction and hawkish comments by the Federal Reserve’s chair underscored investor fears about inflation.
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Fed Chair Recalls Inflation ‘Head Fakes,’ Pledges to Do More if Needed
Jerome H. Powell, the Federal Reserve chair, said officials will proceed carefully. But if more policy action is needed, he pledged to take it.
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Nuclear Energy Project in Idaho Is Canceled
The project that NuScale Power and Western energy companies had developed struggled to attract enough utility customers.
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Nuclear Energy Project in Idaho Is Canceled
Technical challenges, higher costs and rising interest rates hurt the project that NuScale Power and Western utilities had developed.
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‘Morning in America’ Eludes Biden, Despite Economic Gains
Seeking re-election in 1984, Ronald Reagan presided over an economy similar in many ways to today’s. But he sold a message of progress and promise.
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Huge Reversal in Bonds and Rally in Stocks Cap Wild Week for Markets
A series of data reports and actions by policymakers have led investors to reassess their assumptions about interest rates and the economy.
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Holiday Retail Sales Are Expected to Increase, but at a Slower Pace
Spending in that crucial period is predicted to rise 3 to 4 percent from last year, as the economy cools and demand normalizes.
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Are Higher Rates Slowing the Economy? A Zoo Offers Clues.
Economists are surprised by how strong the economy remains with rates at a 22-year high. But there are some signs of slowing, if you know where to look.
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Fed Holds Interest Rates Steady and Pledges to Proceed Carefully
The Federal Reserve left interest rates at 5.25 to 5.5 percent, but its chair, Jerome Powell, said policymakers could still raise rates again.
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Orsted, Offshore Wind Firm, Cancels N.J. Projects
Denmark’s Orsted said it would be forced to write off as much as $5.6 billion as wind developers in the U.S. face wrenching financing costs.