The rate of price increases in countries using the euro slowed to 9.2 percent in December, down from 10.1 percent a month earlier.
Category: Interest Rates
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Eurozone Inflation Eases on Lower Energy Prices
The New York Times – Business: -
Fed Officials Fretted That Markets Would Misread Rate Slowdown
The New York Times – Business:Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from its December meeting showed.
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Fed Official Compares Inflation to Uber Surge Pricing
The New York Times – Business:Neel Kashkari, the president of the Minneapolis Fed, kicked off 2023 monetary policy debates with a call for better understanding of what causes inflation.
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Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos
The New York Times – Business:Automakers have been hampered by the supply of semiconductors and higher interest rates.
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S&P 500 Rises in First Session of 2023
The New York Times – Business:Analysts are more cautious about 2023 after their overly optimistic forecasts for last year.
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Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
The New York Times – Business:The world has relied on ultralow interest rates in Japan. What will happen if they rise?
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Low-Down-Payment Mortgages: Your 2023 Guide
The New York Times – Business:Facing high interest rates and home prices, some buyers have only a small down payment to offer. But they still have plenty of options.
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The Year the Long Stock Market Rally Ended
The New York Times – Business:How fast inflation and high interest rates upended markets across the globe.
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The Year the Long Stock Market Rally Ended
The New York Times – Business:How fast inflation and high interest rates upended markets across the globe.
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Why It’s Hard to Predict What the Economy Will Look Like in 2023
The New York Times – Business:Years into the pandemic, it is still difficult to get a handle on what comes next for the economy by looking at examples from the past.
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Forget Stock Predictions for Next Year. Focus on the Next Decade.
The New York Times – Business:Wall Street’s market forecasts for 2023 are worthless, our columnist says. But the long view is much clearer.