Jeanna Smialek and Ben Casselman
Posts
A Strong Jobs Report Suggests the Economy Is More Resilient Than We Thought
After months of wobbling, a fresh jobs report showed that hiring and wage growth are strong, aligning with other robust economic data.
How Wall Street Learned About Last Week’s Labor Data Before the Public
The Labor Department provided insight into a recent lapse in which revised payrolls data were given out à la carte before they were online.
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.
Economists Predicted a Recession. So Far They’ve Been Wrong.
A widely predicted recession never showed up. Now, economists are assessing what the unexpected resilience tells us about the future.
American Household Wealth Jumped in the Pandemic
Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed.
Is Good News Finally Good News Again?
Economists had been wary of strong economic data, worried that it meant inflation might stay high. Now they are starting to embrace it.
The Pandemic’s Labor Market Myths
Amid the pandemic, people thought the labor market had permanently changed in important ways. It was a bad bet.
The Fed’s Preferred Inflation Gauge Sped Back Up
Inflation is down from its peak last summer, but recent readings have shown substantial and surprising staying power.
Fed Officials Ask How to Better Understand Inflation After Surprises
Federal Reserve officials, including Lisa Cook, a board member, are wrestling with how to think about price increases after 18 months of rapid change.
Fed Officials Ask How to Better Understand Inflation After Surprises
Federal Reserve officials, including Lisa Cook, a board member, are wrestling with how to think about price increases after 18 months of rapid change.