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Jeanna Smialek
Posts
Halloween Shoppers Not Spooked as Economic Slowdown Remains Elusive
From apple picking to skeleton cows, early seasonal spending seems solid. It’s the latest sign that Federal Reserve policy to combat inflation hasn’t tanked growth.
Consumers Kept Spending in September, as Inflation Held Steady
Overall inflation stayed at 3.4 percent in September, down from a peak of around 7 percent.
Inflation Held Steady in September, While Consumers Spent Robustly
Overall inflation stayed at 3.4 percent in September, down from a peak of around 7 percent.
New Normal or No Normal? How Economists Got It Wrong for 3 Years.
Economists first underestimated inflation, then underestimated consumers and the labor market. The key question is why.
Powell Says Strong Economic Data ‘Could Warrant’ Higher Rates
The Federal Reserve may need to do more if growth remains hot or if the labor market stops cooling, Jerome H. Powell said in a…
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.
Inflation Slowdown Remains Bumpy, September Consumer Price Data Shows
Prices are rising at a pace that is much less rapid than in 2022, but signs of stalling progress are likely to keep Federal Reserve…
Federal Reserve Officials Were Cautious in September
Minutes from their last meeting showed that Fed officials saw risks of doing too much — or too little — to tame inflation.
Claudia Goldin Wins Nobel in Economics for Studying Women in the Work Force
Her research uncovered the reasons for differences in labor force participation and earnings for women. She is the third woman to win the economics Nobel.