While fear of a “wage-price spiral” has eased, the Federal Reserve’s course presumes job losses and risks a recession. Some see less painful remedies.
Category: Inflation (Economics)
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Job Openings Fell in February, JOLTS Report Shows
The data shows the job market continues to ease off its red-hot pace, but there are still more openings than unemployed workers in the country.
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Oil Prices Jump After Surprise OPEC Production Cut
Adding to global economic uncertainties, oil prices rose about 5 percent on Monday after Saudi Arabia and other major producers announced a surprise cut in crude production.
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The Week in Business: A Bank Takeover
Regulators faced questions about their oversight in the wake of bank failures. The jobs numbers for March come out. And Donald Trump is expected to be arraigned.
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The Week in Business: A Bank Takeover
Regulators faced questions about their oversight in the wake of bank failures. The jobs numbers for March come out. And Donald Trump is expected to be arraigned.
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The Fed’s Preferred Inflation Gauge Cooled Notably in February
A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.
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Are Big Profits Keeping Prices High? Some Central Bankers Are Concerned
Companies’ rising profit margins could be contributing to persistent inflation, a European Central Bank policymaker says.
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Eurozone Inflation Falls to 6.9%, as Energy Prices Ease
The rate of inflation in countries using the euro slipped to 6.9 percent in the year through March, from 8.5 percent the previous month, but underlying price gains edged higher.
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Global Economy May Be in a ‘Lost Decade,’ World Bank Warns
Adding to crises like the pandemic, recent stress in the banking system is a new threat to world growth, experts at the organization said.
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As Banking Worries Swirl, Europe’s Policymakers Express Confidence, With Caution
Officials say eurozone lenders are strictly supervised and continue to be strong. But at a recent conference, wariness about the future remained.