Powell, Jerome H – Page 47

Federal Reserve to Slow Rate Increases and Offer Hints at Future

Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of 2022.

By Jeanna Smialek

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Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?

Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.

By Jeanna Smialek

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Elon Musk Takes a Shot at Dr. Anthony Fauci on Twitter

The Twitter owner has taken shots at targets like Dr. Anthony Fauci, the nation’s chief immunologist, in moves that may appeal to the right, but not advertisers.

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The Week in Business: Labor Actions Sweep Britain

The national average gasoline price has fallen to where it was a year ago. China’s economy is not expected to bounce back quickly, as it rolls back “zero Covid” policies. And the Fed meets.

By Marie Solis

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