Tag: Inflation (Economics)
Martin Guzmán, Argentina’s Economy Minister, Abruptly Quits
BUENOS AIRES (Reuters) — Argentina’s economy minister abruptly resigned on Saturday night, a move that threatens to further…
Gas Prices Force Many to Rethink Driving, and Spending
KATY, Texas — Most Americans would gladly pay the $4.29 for a gallon of regular gas Buc-ee’s was…
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…
Highest Mortgage Rates Since 2008 Housing Crisis Cool Sales
For the past two years, anyone who had a home to sell could get practically any asking price.…
How Inflation Is Altering People’s Behavior
Americans are suffering from sticker shock.With inflation running at 8.6 percent, its fastest pace in 40 years, people…
A New Task for Biden: Readying Allies for a Long Conflict in Ukraine
WASHINGTON — When President Biden met his Western allies in Europe three months ago, the world was rallying…
U.S.-Led Alliance Faces Frustration, and Pain of its Own, Over Russia Sanctions
WASHINGTON — Four months into the war in Ukraine, the countries aligned against Russia face growing economic pain…
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 Complicates Biden’s Deliberations on Student Loan Forgiveness
WASHINGTON — The soaring cost of food, gasoline and other staples is further complicating a fraught debate among…
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…
A Recession Would Hurt Democrats. Some Warn It’d Also Hurt Democracy.
Jerome Powell, the chairman of the Federal Reserve, made the understatement of the year on Wednesday when he…
As European Leaders Visit Kyiv, Putin Cuts Their Gas Supply
BERLIN — As the leaders of Europe’s three biggest economies appeared in Kyiv on Thursday to send a…