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Rising Oil Prices Reignite Inflation Fears
The price of Brent crude rose to a six-month high on Friday, a potential dose of bad news for central bankers and for the White House.
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Counting Inflation, the Stock Market May Have Hit a Peak
But Robert Shiller, the Nobel laureate, says valuations adjusted for high inflation suggest stock returns for the next decade are likely to be modest.
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Fed Chair Powell Wants Inflation to Cool More
Jerome H. Powell, the Federal Reserve chair, said officials can take their time cutting rates. He also underscored the Fed’s independence as election season heats up.