Jeanna Smialek
Posts
Consumer Spending Cooled in November as Closely Watched Inflation Gauge Slowed
The Personal Consumption Expenditures index showed prices increased 5.5 percent last month, as consumer spending pulled back.
Why It’s Hard to Predict What the Economy Will Look Like in 2023
Years into the pandemic, it is still difficult to get a handle on what comes next for the economy by looking at examples from the...
The Federal Reserve signals more to come even as it slows rate increases.
Central bankers made a smaller rate move, but predicted that they will weigh the economy down more aggressively than previously expected
How to read the Fed’s economic projections like a pro.
Federal Reserve officials will release fresh economic estimates at their meeting on Wednesday. Their projections for interest rates in 2023 will be in focus.
Federal Reserve Expected to Slow Rate Increases and Offer Hints at Future
Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of...
Federal Reserve to Slow Rate Increases and Offer Hints at Future
Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of...
Inflation Cooled Notably in November, Good News for the Fed
Consumer Price Index data reinforces that inflation is beginning to slow down just ahead of the Federal Reserve’s December rate decision.
Price Increases Cooled Notably in November as Inflation Begins to Ease
Consumer Price Index data reinforced that inflation is beginning to cool down just ahead of the Federal Reserve’s December rate decision.
Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?
Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.
Economist Austan Goolsbee Is Named to Lead the Chicago Fed
A longtime University of Chicago economist who served in the Obama White House will be president of one of the Fed’s 12 regional districts.