Category: Inflation (Economics)

Federal Reserve 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.
U.K. Inflation Rate Slows to 10.7 Percent

The New York Times – Business:
Helped by an easing of price increases for fuel and other goods, the rate of inflation in November edged down from a 41-year high.
Inflation Cooled Notably in November, Good News for the Fed

The New York Times – Business:
Consumer Price Index data reinforces that inflation is beginning to slow down just ahead of the Federal Reserve’s December rate decision.
Stocks Soar as Investors Welcome Signs of Cooling Inflation

The New York Times – Business:
The slowdown in price gains in November provided Wall Street with a strong indication that the Federal Reserve could slow down interest rate increases.
Stocks soar as investors welcome signs of cooling inflation.

The New York Times – Business:
The slowdown in price gains in November provided Wall Street with a strong indication that the Federal Reserve could slow down interest rate increases.
Takeaways From November’s CPI Inflation Report

The New York Times – Business:
Core inflation, which strips out volatile food and energy prices, slowed to 6 percent over the year, an indication that price increases are slowing broadly.
Price Increases Cooled Notably in November as Inflation Begins to Ease

The New York Times – Business:
Consumer Price Index data reinforced that inflation is beginning to cool down just ahead of the Federal Reserve’s December rate decision.
Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?

The New York Times – Business:
Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.
The Week in Business: Labor Actions Sweep Britain

The New York Times – Business:
The national average gasoline price has fallen to where it was a year ago. China’s economy is not expected to bounce back quickly, as it rolls back “zero Covid” policies. And the Fed meets.
Markets Fluctuate at the End of a Shaky Week

The New York Times – Business:
Persistent pullbacks in recent sessions reflect investors’ worries about stubbornly high inflation.
U.S. Gas Prices Are Now Lower Than a Year Ago

The New York Times – Business:
A visible symbol of inflation for much of the year, prices at the pump have been driven down by reduced global demand and tumbling oil prices.
U.K. Braces for Strikes Across Several Industries Through Christmas

The New York Times – Business:
Job actions by ambulance staff, nurses, rail workers and others will hit Britain every day between now and Dec. 25.