Workers are in short supply three years into the pandemic job market rebound, and officials increasingly think they aren’t coming back.
Category: Inflation (Economics)
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Consumer Spending Cooled in November as Closely Watched Inflation Gauge Slowed
The Personal Consumption Expenditures index showed prices increased 5.5 percent last month, as consumer spending pulled back.
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It’s Boom Times for Santa
Like other in-person workers, Santa took a hit the first two years of the pandemic. But he’s back in a big way.
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S&P and Stocks: Markets Fall on Strong Economic Data
Two new economic reports on Thursday fanned fears that the Federal Reserve might need to go further in its aggressive fight against inflation.
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Bank of Japan Surprises Markets With Policy Tweak
The central bank widened the yield on 10-year bonds and increased its monthly asset purchases in hopes of reviving a stagnant domestic bond trade.
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Why It’s Hard to Predict What the Economy Will Look Like in 2023
Years into the pandemic, it is still difficult to get a handle on what comes next for the economy by looking at examples from the past.
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Markets Extend Losses at End of Jittery Week
Wall Street has been wary of the effects that central bankers’ determination to fight inflation could have on the economy.
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Forget Stock Predictions for Next Year. Focus on the Next Decade.
Wall Street’s market forecasts for 2023 are worthless, our columnist says. But the long view is much clearer.
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Markets Drop as Investors Fear the Effects of Higher Rates
Central bankers around the world have pledged to continue raising interest rates even as economies slow.
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European Central Bank Raises Rates Half a Point, Moderating Its Pace
But the bank warned that interest rates would “still have to rise significantly” to tame inflation.
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Bank of England Raises Rates by Half a Point to Curb Inflation
The central bank moderated the pace of increases while Britain braces for a prolonged recession.
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How to Avoid Buyer’s Remorse (Yes, You Can Do It)
Ever experienced buyer’s remorse? Of course you have. But there are ways to prevent it.