Robust growth in jobs has delighted the White House and helped the economy avoid a recession, but it has been accompanied by persistently high inflation.
Category: Interest Rates
-
What to know about the latest jobs report.
The unemployment rate fell to 3.5 percent.
-
The jobs numbers will factor into a complicated calculation for the Fed.
As central bankers contemplate whether to raise interest rates at their meeting in May, slowing hiring and wages may give them comfort.
-
Buying or Selling a Home? Welcome to the Year of Disappointment
After a tumultuous few years, many hoped that the housing market would improve this spring. No such luck — for buyers or sellers.
-
Wages May Not Be Inflation’s Cause, but They’re the Focus of the Cure
While fear of a “wage-price spiral” has eased, the Federal Reserve’s course presumes job losses and risks a recession. Some see less painful remedies.
-
Concerns Grow as Tighter Lending Threatens Commercial Real Estate
The recent banking turmoil added scrutiny to a sector already weighed down by office vacancies, rising interest rates and mounting debt.
-
The Fed’s Preferred Inflation Gauge Cooled Notably in February
The New York Times – Business:A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.
-
A Federal Tool Could Soon Make It Easier to Compare Credit Cards
The New York Times – Business:The Consumer Financial Protection Bureau, which already provides some card details, is asking banks for more information about who qualifies for which cards.
-
Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped.
The New York Times – Business:Bitcoin’s price has soared since banks failed this month, but there’s little evidence that the surge is being driven by investors treating the virtual currency as a financial alternative.
-
After Doling Out Huge Loans, China Is Now Bailing Out Countries
The New York Times – Business:Beijing is emerging as a new heavyweight in providing emergency funds to debt-ridden countries, catching up to the I.M.F. as a lender of last resort.