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Jeanna Smialek
Posts
Federal Reserve’s June Meeting: What to Watch
Central bankers are expected to leave interest rates unchanged on Wednesday, but the decision is an unusual nail-biter. Also: Keep an eye on the economic…
U.S. Inflation Cools as Fed Plots Next Interest Rate Move
Consumer prices rose at the slowest pace in more than two years, an encouraging sign for policymakers as they plot their next interest rate move.
Post-Pandemic Spending on Hotels and Travel May Be Cooling Down
Spending on hotels, airline tickets and dinners surged after the pandemic. This summer could mark a shift back to normal.
As the Fed Meets, It Shares an Inflation Problem With the World
Inflation is stubborn across a range of economies. Given its staying power, investors expect the Fed to pause rate moves only temporarily.
How Engagement Rings Explain What’s Happening in the Economy
A major jeweler claims the pandemic may have prevented people from meeting their future fiancés, cutting demand for engagement rings. Inflation and anxiety among shoppers…
U.S. Economy’s Staying Power Poses Big Questions for the Fed
The Federal Reserve has been trying to slow growth without tanking it. Now, officials must ask if inflation can cool amid signs of resilience.
Jobs Numbers in Focus as the Fed Hints at a ‘Skip’
Federal Reserve officials are expected to leave rates unchanged at their June 13-14 meeting. Fresh jobs data will factor into the decision.
San Francisco Fed Ties to S.V.B. Chief Attracts Scrutiny to Century-Old Setup
As Greg Becker, the former C.E.O. of Silicon Valley Bank, prepares to testify before Congress, boards that oversee regional Federal Reserve branches are in the…
Biden Taps Philip Jefferson and Adriana Kugler for Top Fed Jobs
President Biden announced his plan to nominate Adriana Kugler, an official at the World Bank, for a Fed governor job, while elevating Philip Jefferson to…
Inflation Slowed in April, Marking 10th Month of Moderation
Price increases cooled, capping months of declines. The details held hints of hope.