The Bank of England Raises Rates Again
Britain’s central bank raised rates for a 14th consecutive time as it warned that some risks from persistent inflation were “crystallizing.”
Posted inConsumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) Unemployment United States Economy Wages and Salaries
Is Good News Finally Good News Again?
Economists had been wary of strong economic data, worried that it meant inflation might stay high. Now they are starting to embrace it.
Posted inConsumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy
The Fed’s Preferred Inflation Measure Cooled in June
The Personal Consumption Expenditures index moderated, even as consumer spending data looked strong.
Posted inBank of Japan Europe European Central Bank Federal Reserve System Germany Government Bonds Inflation (Economics) Interest Rates internal-storyline-no Lagarde, Christine Powell, Jerome H United States Economy Vanguard Group Inc
Why ‘Soft Landing’ Optimists Shouldn’t Celebrate Just Yet
Despite a barrage of interest-rate increases, the economy is faring better than many on Wall Street had imagined. But the wild card of inflation still looms.