Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
Category: Inflation (Economics)
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Prices for Some Goods Are Actually Falling This Holiday Season
As inflation slows, prices for some physical goods are falling outright, which could lift consumers’ spirits.
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European Central Bank Leaves Rates Unchanged as Price Pressures Ease
Although the inflation rate has fallen to 2.4 percent, the bank said economic growth was expected to remain “subdued” in the short term.
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Bank of England Keeps Interest Rates at 5.25%, a 15-Year High
The British economy has showed signs of slowing down, with inflation dropping below 5 percent in October, but the bank gave no sign of a rate cut anytime soon.
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Powell, Fed’s Chair, Unleashes the Bulls
The Federal Reserve’s surprise projection that it may cut interest rate three times next year has triggered a global rally in stocks and bonds.
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Is Jerome Powell’s Fed Pulling Off a Soft Landing?
It’s too soon to declare victory, but the economic outlook seems sunnier than it did a year ago, and many economists are predicting a surprising win.
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Holidays Well Spent
“I just never realized how much ornaments add up!” Seventeen people on the streets of New York City talk to us about holiday spending.
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How to Read the Fed’s ‘Dot Plot’ Like a Pro
The Federal Reserve is expected to leave rates unchanged on Wednesday. But Wall Street is focused on what comes in 2024 — and beyond.
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What the Fed’s Moves Mean for Mortgages, Credit Cards and More
Savers benefit from higher rates, but borrowers have faced bigger bills on credit cards, student loans and other forms of debt.
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What to watch at the Fed’s final meeting of 2023.
Federal Reserve officials
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What to Watch at the Fed’s Final Meeting of 2023
Federal Reserve officials are widely expected to leave interest rates unchanged, but economists will watch for hints at what’s next.
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Inflation Holds Roughly Steady Ahead of Fed Meeting
Consumer prices rose 3.1 percent in the year through November, and a closely watched core index was roughly the same rate as the previous month.