The Federal Reserve is monitoring “core” price increases for a hint at how inflation will develop. They slowed slightly in May.
Category: Inflation (Economics)
-
Consumer Spending Stalled Last Month
The slowdown is good news for policymakers worried about inflation, but a sign that the engine of the economy could be losing steam.
-
Stock Markets Close Upbeat First Half, but Worries Linger
As companies begin to report earnings and make forecasts, investors are looking for signs of resilience, while executives are playing cautious.
-
Europe’s Inflation Issue Moves Into a New Phase: From Profits to Wages
The European Central Bank expects to bring down inflation, with a big caveat: Companies need to let profits fall as they pay for higher wages.
-
GDP Revision Shows Bigger US Economic Growth in Q1
Government data showed that G.D.P. rose at a 2 percent rate in the first quarter, better than initially reported.
-
Fed Chair Says He Expects Slower Rate Increases to Continue
After rapid interest rate increases, Federal Reserve officials could move to a steadily slower pace — though they aren’t ready to commit.
-
Top Central Bankers Expect More Rate Increases Amid Stubborn Inflation
The heads of the Federal Reserve, European Central Bank and Bank of England said that while inflation was moderating somewhat there was still more work to be done.
-
Inflation Is Proving Persistent as It Moves Through the Eurozone Economy
Christine Lagarde, the president of the European Central Bank, called for more “more persistent policy” to stifle price rises.
-
What Is Happening in the Housing Market?
Home construction surged in May and prices have ticked up, even with interest rates at a 15-year high. The resilience has surprised some economists.
-
Bank of England’s Critics Multiply After Interest Rate Increase
Pressure is building in Britain for the bank’s governor, Andrew Bailey, to show that policymakers have a handle on the inflation problem.
-
Stocks May Be Booming but Don’t Forget Cash and Bonds
At the moment, money market funds and many bonds are not only less risky, but at current interest rates, they are compelling.
-
Bank of England Pushes Interest Rates Up by a Half Point
The central bank raised rates more than expected as inflation shows signs of persistence in Britain.