Jeanna Smialek
Posts
What to Watch as the Fed Makes Its Interest Rate Decision
Policymakers are expected to leave borrowing costs unchanged, but investors are bracing for signals that rates will stay higher for longer.
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.
How High Wall Street Thinks the Fed Will Keep Interest Rates
Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.
Immigrants in Maine Are Filling a Labor Gap. It May Be a Prelude for the U.S.
A wave of rapid immigration is taxing local resources around the country and drawing political ire. But it might leave America’s economy better off.
Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.
Stubborn inflation and strong growth could keep the Federal Reserve wary about interest rate cuts, eager to avoid adding vim to the economy.
Inflation Was Quicker Than Expected in March, Unwelcome News for the Fed
The surprisingly stubborn reading raised doubts about when — and even whether — the Federal Reserve will be able to start cutting interest rates this...
Higher for Longer After All? Investors See Fed Rates Falling More Slowly.
Investors went into 2024 expecting the Federal Reserve to cut rates sharply. Stubborn inflation and quick growth call that into question.
Fed Chair Powell Wants Inflation to Cool More
Jerome H. Powell, the Federal Reserve chair, said officials can take their time cutting rates. He also underscored the Fed’s independence as election season heats...
Fed Chair Says Central Bank Need Not ‘Hurry’ to Cut Rates
Jerome Powell said that strong economic growth gives Federal Reserve officials room to be patient, and he emphasized the institution’s political independence.
A Key Inflation Gauge Hovers Above Fed’s Target
The Fed’s preferred inflation gauge was relatively stable on an annual basis, the latest reminder that bringing inflation down is a bumpy process.