Our chief economics correspondent, Ben Casselman, breaks down how gasoline prices have responded to the oil crisis in the Persian Gulf, and what is in store for inflation if the price of oil remains above $100 per barrel.
Category: United States Economy
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The Effects of High Oil Prices
The New York Times – Business: -
The Markets Contend with Powell’s Long Goodbye at the Fed
The New York Times – Business:The chair of the Federal Reserve said that he might not leave the central bank any time soon, setting up a potential clash with President Trump.
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The Best We Should Hope For From the Fed: Nothing
The New York Times – Business:A rate cut in the next few months could signal major problems in the economy.
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The Best We Should Hope For From the Fed: Nothing
The New York Times – Business:A rate cut in the next few months could signal major problems in the economy.
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Federal Reserve holds interest rates steady as Iran war upends the economic outlook.
The New York Times – Business:Most officials at the U.S. central bank still expect at least one quarter-point cut to interest rates this year.
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How to read the Fed’s projections like a pro.
The New York Times – Business: -
What to Watch at the Federal Reserve’s March Meeting
The New York Times – Business:The U.S. central bank is widely expected to hold interest rates steady as officials assess the economic fallout from the war with Iran.
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The Cost of the A.I. Boom: A Trade Deficit the President Detests
The New York Times – Business:A recent surge of A.I.-related imports has become an impediment to the smaller trade deficit President Trump wants.
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The Cost of the A.I. Boom: A Trade Deficit the President Detests
The New York Times – Business:A recent surge of A.I.-related imports has become an impediment to the smaller trade deficit President Trump wants.
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Christopher A. Sims, 83, Dies; Won Nobel for Modeling Economic Policy
The New York Times – Business:He and Thomas J. Sargent shared the prize in 2011 for devising statistical tools to help guide economic policymakers.
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With Iran War, Trump Risks Stepping on Gains From His Own Tax Cuts
The New York Times – Business:President Trump’s war in Iran has raised some costs just as many Americans are starting to see savings from last year’s tax cuts.
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Why Trump’s Strait of Hormuz Problem Is Going Global
The New York Times – Business:President Trump is getting little to no support so far for his call that other countries do their part to try to ease an energy crisis prompted by U.S.-Israeli attacks on Iran.