The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
Category: Inflation (Economics)
-
U.S. employers added 517,000 jobs in January.
The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
-
Is It Time for a High-Yield Savings Account? What to Know About Rates.
Some online banks offer yields of 3.3 percent or more, but savers may be reluctant to open one because they think it will be a hassle.
-
Amazon Reports Almost No Profit and Slowing Growth
The company indicated the slowing growth and tight margins would continue in the first three months of this year.
-
European Central Bank Raises Rates Again
Another half-point increase pushed rates to the highest levels since 2008, and the bank said it “expects to raise them further.”
-
Egg Shortages Are Driving Demand for Raise-at-Home Chickens
People are snapping up chickens that are “heavy layers” in response to egg inflation. The chick situation holds lessons about the broader economy.
-
Bank of England Is Expected to Raise Rates Again
A half-point rate increase, to 4 percent, the highest since 2008, is widely expected as the central bank continues its campaign to control inflation.
-
Eurozone Inflation Falls in January as Energy Costs Ease
Prices rose at an annual rate of 8.5 percent last month, down from 9.2 percent in December, but signs of persistent cost increases remain.
-
Stock Market’s Newfound Optimism Faces Test as Fed Meets
Recent stock gains have been driven by hope that a rate-raising cycle is close to ending. If investors decide they were wrong about this, a drop could follow.
-
Brexit Turns 3. Why Is No One Wearing a Party Hat?
The divorce between Britain and the European Union has become the dark thread that, to many, explains why Britain is suffering more than its neighbors.
-
U.S. Wages Grew More Slowly Than Expected Late Last Year
The Employment Cost Index, which Federal Reserve officials watch closely as a gauge of pay trends, is picking up more slowly.
-
Sri Lanka Is Calm Again. That Doesn’t Mean Things Are Any Better.
After an economic collapse and political upheaval, Sri Lankans have become resigned to leaner meals and reduced horizons.