

Jeanna Smialek
Posts

Fed officials aren’t bent on slowing the job market — but they’re watching it.
The New York Times - Business: This post first appeared in The New York Times - Business. Read the original article.

The Fed Holds Interest Rates Steady and Is Not Likely to Cut Them Soon
Federal Reserve officials, seeking more progress on the fight against inflation, hinted that their next move will be a cut in interest rates — just...

The Federal Reserve Meets Wednesday. Here’s What to Watch.
Officials are likely to keep interest rates unchanged at the conclusion of their January meeting. Here’s a look at what might come next.

Why Cut Rates in an Economy This Strong? A Big Question Confronts the Fed.
The central bank is widely expected to lower interest rates this year. But with growth and consumer spending chugging along, explaining it may take some...

PCE, a Key Inflation Measure, Cooled in December
Inflation has been slowing swiftly, and fresh data showed that a core price gauge fell below 3 percent for the first time in years last...

Americans’ Economic Confidence Is Returning. Will Biden Benefit?
The White House is embracing a nascent uptick in economic sentiment. It is likely good news — but how it will map to votes is...

A Fed Governor Reiterates That Rate Cuts Are Coming
Christopher Waller, one of seven Washington-based Fed governors, said officials should cut rates as inflation cools — though timing was uncertain.

Fresh Inflation Data Shows Intact, but Bumpy, Cool-Down
Inflation remains faster than usual — and month-to-month bumps are still likely as volatile prices fluctuate — but it is making progress back toward a...

Mortgage Rates and Inflation Could Draw Attention to the Fed This Election
The Federal Reserve is poised to cut rates in 2024 while moving away from balance sheet shrinking. Yet a key event looms in the backdrop:...

Brisk Wage Gains in December Could Keep the Fed Watchful
Average hourly earnings climbed 0.4 percent from the previous month, and 4.1 percent compared to a year earlier. That was faster than economists expected.