The rate of price increases in countries using the euro slowed to 9.2 percent in December, down from 10.1 percent a month earlier.
Category: Inflation (Economics)
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Eurozone Inflation Eases on Lower Energy Prices
The New York Times – Business: -
Even a Soft Landing for the Economy May Be Uneven
The New York Times – Business:Small businesses and lower-income families could feel pinched in the months ahead whether or not a recession is avoided this year.
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Fed Officials Fretted That Markets Would Misread Rate Slowdown
The New York Times – Business:Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from its December meeting showed.
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Fed Official Compares Inflation to Uber Surge Pricing
The New York Times – Business:Neel Kashkari, the president of the Minneapolis Fed, kicked off 2023 monetary policy debates with a call for better understanding of what causes inflation.
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Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos
The New York Times – Business:Automakers have been hampered by the supply of semiconductors and higher interest rates.
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S&P 500 Rises in First Session of 2023
The New York Times – Business:Analysts are more cautious about 2023 after their overly optimistic forecasts for last year.
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Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
The New York Times – Business:The world has relied on ultralow interest rates in Japan. What will happen if they rise?
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The Year the Long Stock Market Rally Ended
The New York Times – Business:How fast inflation and high interest rates upended markets across the globe.
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The Year the Long Stock Market Rally Ended
The New York Times – Business:How fast inflation and high interest rates upended markets across the globe.
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Retirees Are One Reason the Fed Has Given Up on a Big Worker Rebound
The New York Times – Business:Workers are in short supply three years into the pandemic job market rebound, and officials increasingly think they aren’t coming back.
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Consumer Spending Cooled in November as Closely Watched Inflation Gauge Slowed
The New York Times – Business:The Personal Consumption Expenditures index showed prices increased 5.5 percent last month, as consumer spending pulled back.