Tag: Federal Reserve System
Stock Market Drop Accelerated as Recession Seemed More Likely
Investors had an awful start to the year as stocks twice entered bear market territory, falling more than…
Inflation Soared in June, Pinching Consumers and Challenging Policymakers
Prices surged 9.1 percent in June as consumers faced rapidly rising costs for gas, food and rent, a…
Euro Hits Parity With U.S. Dollar for First Time in 20 Years
Take a look: €1 = $1.With a war on the eurozone’s border, an uncertain energy supply from Russia…
Relief Eludes Many Renters as Fed Raises Interest Rates
Already, new home construction has dropped sharply as borrowing costs climb, declining 14.4 percent in May to the…
U.S. Economy Added 372,000 Jobs in June, Defying Slowdown Fears
The U.S. economy powered through June with broad-based hiring on par with recent months, keeping the country clear…
Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase
A surprisingly robust June employment report reinforced that America’s labor market remains historically strong even as recession warnings…
Pessimism about the economy is growing, a U.S. poll shows.
Americans are becoming more pessimistic about the economy, more worried about inflation — and now, more anxious about…
Fed Confronts a ‘New World’ of Inflation
Federal Reserve officials are questioning whether their longstanding assumptions about inflation still apply as price gains remain stubbornly…
Inflation Expected to Remain High Even as Economy Slows and Layoffs Rise
“The hunger of children is not a necessary cost to pay to bring down inflation,” Ms. Ananat, of…
The Fed Raises Interest Rates by 0.75 Percentage Points to Tackle Inflation
The Federal Reserve took its most aggressive step yet to try to tame rapid and persistent inflation, raising…
Fed Set to Lift Rates as ‘Soft-ish Landing’ Becomes a Harder Sell
Federal Reserve officials are meeting this week with one major goal in mind: cooling the economy enough to…
Inflation in the United States: What You Need to Know
The government reported on Friday that consumer prices climbed 8.6 percent over the year through May, the fastest…