Interest Rates – Page 116

The Bond Market Is Flexing Its Muscles

Soaring interest rates have the power to alter the direction of the economy and command the attention of Washington, our columnist says.

By Jeff Sommer

Consumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

Inflation Held Steady in September, While Consumers Spent Robustly

Overall inflation stayed at 3.4 percent in September, down from a peak of around 7 percent.

By Jeanna Smialek

Economic Conditions and Trends European Central Bank Inflation (Economics) Interest Rates Lagarde, Christine

European Central Bank Keeps Rates on Hold for First Time in Over a Year

“Inflation is still expected to stay too high for too long,” the bank said, but noted that its campaign of interest rate increases was helping to curb price pressures.

By Eshe Nelson

Commerce Department Consumer Behavior Gross Domestic Product Interest Rates Labor and Jobs Savings United States Economy

U.S. Economic Growth Accelerated in the Third Quarter

Gross domestic product expanded at a 4.9 percent annual rate over the summer, powered by prodigious consumer spending. But the pace is not expected to be sustained.

By Lydia DePillis