Tag: Federal Reserve System
How the Dollar Is Beating Stocks and Bonds and Hurting Big Companies
These are rocky times for most investments. But it has been a wonderful stretch for the dollar.You may…
Fed Raises Interest Rate Half a Percentage Point, Largest Increase Since 2000
The Federal Reserve raised interest rates by a half percentage point and announced a plan to shrink its…
As Stocks Fall, Economic Fears Rise, Along With Inflation
Broadly speaking, earnings reports have shown that profit growth continues, and results from some big firms, like Microsoft…
Stocks Tumble as Jitters over Interest Rates Persist
The prospect of a fast increase in interest rates has hit technology stocks particularly hard. Facebook, Microsoft, Amazon…
How Rising Mortgage Rates Are Affecting the Housing Market
This makes it a good time to be a seller — assuming you don’t need to buy. Christopher…
Biden to Nominate Michael Barr as Fed Vice Chair for Supervision
The Biden administration said on Friday that it intended to nominate Michael S. Barr, a law professor and…
Prices were 8.5% higher in March than a year earlier.
A Shanghai neighborhood under lockdown last month. Lockdowns in China risk causing further product shortages in the United…
Few Cars, Lots of Customers: Why Autos Are an Inflation Risk
Mr. McCabe does not think that car inventory will ever fully rebound: Dealers and automakers have learned that…
How Biden Is Handling Student Loan Payments Amid Inflation
President Biden, under fire for rapid inflation and looking for ways to help cushion rising costs for households,…
The US Economy Is Booming. Why Are Economists Worrying About a Recession?
Economists, however, are notoriously terrible at predicting recessions. So it makes sense to focus instead on where the…
Rising Wages Are Good News for Workers but Keep Pressure on the Fed
Wages climbed at a rapid pace in the year through March and the unemployment rate dropped notably last…
Unemployment Nears Prepandemic Level
Federal Reserve officials are tasked with fostering “full employment,” and while it has been difficult to guess what…