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Category: Inflation (Economics)
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U.K. Economy Continues to Grow Slowly
The increase of 0.1 percent in the three months that ended in March, which was driven by construction and information services, matched the slow rise in the previous quarter.
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Bank of England Raises Interest Rates to 4.5%, Highest Level in 15 Years
The central bank lifted its benchmark rate a quarter point, to 4.5 percent, as part of its aggressive policy to tame inflation, which has remained stubbornly high.
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Inflation Slowed in April, Marking 10th Month of Moderation
Price increases cooled, capping months of declines. The details held hints of hope.
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Financial Stability Experts at the Fed Turn a Wary Eye on Commercial Real Estate
A financial stability report from the Federal Reserve flagged concerns tied to rising interest rates, including in commercial real estate.
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The Week in Business: The 10th Straight Rate Increase
First Republic collapses, and some smaller banks are now facing pressure from investors. Job growth last month was stronger than expected. And debt ceiling talks are set.
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Wages Grow Steadily, Defying Fed’s Hopes as it Fights Inflation
Pay gains picked up last month, the opposite of what Federal Reserve officials are hoping for as they try to cool inflation.
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Wages Climb Rapidly, Defying Fed’s Hopes as it Fights Inflation
Pay gains picked up last month, the opposite of what Federal Reserve officials are hoping for as they try to cool inflation.
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How to Deal With Rising Auto Insurance Rates
Premiums are up more than inflation, as insurers deal with rising repair bills and higher car rental rates. But consumers do have some options, experts say.
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Powell Bets the Fed Can Slow Inflation Despite Recession Fears
Jerome H. Powell, the Federal Reserve chair, thinks his central bank can defy history to clinch slower inflation and a soft economic landing.
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European Central Bank Raises Rates Again, but Only a Quarter Point
The bank said “underlying price pressures remain strong” in the eurozone, where the annual inflation rate reached 7 percent last month.
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What to Watch at the Fed’s May Meeting
Federal Reserve officials will release a rate decision at 2 p.m. The key question is what will come next.
