Consumer Price Index inflation has been slowing compared with a year ago, but evidence is mounting that it could be a long road back to normal.
Category: Powell, Jerome H
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Inflation Cooled Just Slightly, With Worrying Details
The New York Times – Business: -
Inflation cooled annually, but the details are more worrying.
The New York Times – Business:Consumer Price Index inflation has been slowing compared with a year ago, but the monthly figure picked back up in January.
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As Biden Prepares to Tout Economy, Fed Chair Powell Takes a Cautious Tone
The New York Times – Business:The White House has embraced signs that the economy is strong. For the Fed, that strength could prolong its fight against inflation.
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Strong hiring hints at more work ahead for the Fed, but wages cool.
The New York Times – Business:The Fed is tracking incoming labor figures as it decides how high interest rates need to go and how long they should stay elevated.
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Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?
The New York Times – Business:The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to avoid a default.
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Stock Market’s Newfound Optimism Faces Test as Fed Meets
The New York Times – Business:Recent stock gains have been driven by hope that a rate-raising cycle is close to ending. If investors decide they were wrong about this, a drop could follow.
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Smaller Rate Increase by Federal Reserve Likely as Inflation Cools
The New York Times – Business:America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes next.
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Powell Says Fed ‘Will Not Be’ a Climate Policymaker
The New York Times – Business:In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.
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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.