Like other in-person workers, Santa took a hit the first two years of the pandemic. But he’s back in a big way.
Category: Inflation (Economics)
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It’s Boom Times for Santa
The New York Times – Business: -
S&P and Stocks: Markets Fall on Strong Economic Data
The New York Times – Business: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 New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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.
The New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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 New York Times – Business: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)
The New York Times – Business:Ever experienced buyer’s remorse? Of course you have. But there are ways to prevent it.
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The Federal Reserve signals more to come even as it slows rate increases.
The New York Times – Business:Central bankers made a smaller rate move, but predicted that they will weigh the economy down more aggressively than previously expected
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Federal Reserve Expected to Slow Rate Increases and Offer Hints at Future
The New York Times – Business:Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of 2022.