United States Economy – Page 350

U.S. Will Hit Debt Limit Jan. 19, Yellen Tells Congress

The Treasury Department expects to begin taking “extraordinary measures” to continue paying the government’s obligations ahead of what’s expected to be a big fight to raise the borrowing cap.

By Alan Rappeport and Jim Tankersley

Consumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Renting and Leasing (Real Estate) United States Economy

Inflation Is Slowing, Good News for American Consumers and the Fed

Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.

By Jeanna Smialek

Federal Budget (US) National Debt (US) Politics and Government United States Economy United States Politics and Government

U.S. Deficit Fell to $1.4 Trillion in 2022

Borrowing remained elevated last year as spending fights loom in a divided Congress.

By Alan Rappeport and Jim Tankersley

Consumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Oil (Petroleum) and Gasoline Prices (Fares, Fees and Rates) Renting and Leasing (Real Estate) United States Economy

Inflation slowed last month thanks to cheaper fuel and airfares.

The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.

By Jeanna Smialek