Jeanna Smialek
Posts
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.
What to Watch Today From the Federal Reserve Meeting
The central bank is not expected to change interest rates, but its economic projections will be in focus.
What to Watch on Wednesday as the Federal Reserve Meets
The central bank is not expected to change interest rates, but its economic projections will be in focus.
Japan’s Labor Market Has a Lesson for the Fed: Women Can Surprise You
Japan’s improved labor force participation for women is a reminder not to assume that job market limits are clear and finite.
Fed Meets Amid Worries That Inflation Progress Might Stall
Inflation had been moderating steadily, but it is now hovering around 3 percent. Will lowering it fully to normal levels prove difficult?
Inflation Ticked Up Last Month, Backing the Fed’s Caution on Rate Cuts
Consumer prices climbed 3.2 percent last month from a year earlier, down notably from a 9.1 percent high in 2022, but still quicker than the...