Stock Market Rally on Pause as Investors Take Cue from the Fed
Investors this week appeared more cautious, ending a long streak of market gains that followed the Fed’s pause in interest rate increases.
Posted inBank of England Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates
Bank of England Pushes Interest Rates Up by a Half Point
The central bank raised rates more than expected as inflation shows signs of persistence in Britain.
Posted inFederal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy
Fed Chair Sees ‘Long Way to Go’ on Inflation Fight
Jerome H. Powell, the chair of the Federal Reserve, is set to tell House lawmakers that most central bank officials expect rates to rise further.
Posted inConsumer Behavior Consumer Price Index Federal Reserve System Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) Unemployment United States Economy Wages and Salaries
Inflation Has Eased, but Economists Are Still Worried
Inflation has come down from its 2022 heights, but economists are worried about its stubbornness.