Interest Rates – Page 123

Soft Landing Optimism Is Everywhere. That’s Happened Before.

People are often sure that the economy is going to settle down gently right before it plunges into recession, a reason for caution and humility.

By Jeanna Smialek

Building (Construction) Commerce Department Consumer Behavior Factories and Manufacturing Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates Real Estate and Housing (Residential) Recession and Depression United States Economy

GDP Grew at 2.4% Rate in Q2 as US Economy Stayed on Track

The reading on gross domestic product was bolstered by consumer spending, showing that recession forecasts early in the year were premature, at least.

By Ben Casselman

Banking and Financial Institutions Europe European Central Bank Eurozone Inflation (Economics) Interest Rates Lagarde, Christine

E.C.B. Raises Rates Again, Citing ‘Too High’ Inflation

The bank said some price pressures were easing, but that “underlying inflation remains high overall,” as it raised rates a quarter percentage point.

By Eshe Nelson

Consumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

Fed Raises Rates After a Pause and Leaves Door Open to More

Federal Reserve officials lifted borrowing costs by a quarter-point after pausing in June. They could rise more, but the central bank is not ready to commit.

By Jeanna Smialek

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