Fed officials are debating how to set policy after bank blowups. Fresh inflation data are unlikely to make such decisions easier.
Category: Prices (Fares, Fees and Rates)
-
Automakers Face Test in Reaching U.S. Target for Electric Vehicles
New federal rules are expected to speed the transition to E.V.s, a shift that car companies have embraced but will be challenged to carry out.
-
The Real-World Costs of the Digital Race for Bitcoin
Bitcoin mines cash in on electricity — by devouring it, selling it, even turning it off — and they cause immense pollution. In many cases, the public pays a price.
-
The Week in Business: Cuts to Oil Production
Job growth last month continued at a steady, but slower pace. The Biden administration unveiled its plans for the I.R.S. And a new inflation reading comes out.
-
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.
-
Live Music Is Roaring Back. But Fans Are Reeling From Sticker Shock.
Buying concert tickets has become a mess of high prices and surcharges, anxiety-inducing registrations and pervasive scalping as some of pop’s biggest acts hit the road again.
-
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.
-
Oil Prices Jump After Surprise OPEC Production Cut
The New York Times – Business:Adding to global economic uncertainties, oil prices rose about 5 percent on Monday after Saudi Arabia and other major producers announced a surprise cut in crude production.
-
In Surprise, OPEC Plus Announces Cut in Oil Production
The New York Times – Business:Oil prices soared 7 percent on Sunday night after the group’s move to cut 1.2 million barrels a day.
-
In Surprise, OPEC Plus Announces Cut in Oil Production
The New York Times – Business:The move is an apparent effort to boost prices. Still, its significance may be slight, especially if the global economy slows.
-
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.
-
Are Big Profits Keeping Prices High? Some Central Bankers Are Concerned
The New York Times – Business:Companies’ rising profit margins could be contributing to persistent inflation, a European Central Bank policymaker says.