Tag: Inflation (Economics)
Bear Markets and Recessions Happen More Often Than You Think
Spending money can be delightful. But losing it? If you are watching big chunks of hard-earned savings disappear,…
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…
Rents Are Climbing, Keeping Inflation High
The cost of renting an apartment or home is climbing quickly, keeping inflation high and making life tougher…
Biden to Visit Port of Los Angeles, Casting Inflation as a Global Problem
LOS ANGELES — President Biden is set to use the Port of Los Angeles on Friday as a…
White House Struggles to Talk About Inflation, the ‘Problem From Hell’
WASHINGTON — President Biden was at a private meeting discussing student debt forgiveness this year when, as happens…
Stagflation and Recession Warnings Plague U.K. Businesses
In the struggle against soaring prices, Sean Hughes has been willing to try anything to keep costs down…
Global Growth Will Be Choked Amid Inflation and War, Says World Bank
For large and small nations around the globe, the prospect of averting a recession is fading.That grim prognosis…
Yellen Defends Pandemic Spending as Inflation Persists
WASHINGTON — At her confirmation hearing in early 2021, Treasury Secretary Janet L. Yellen told lawmakers that it…
The Potential Dark Side of a White-Hot Labor Market
Ms. Calvo is hoping to work her way up to the assistant store-manager level, which would put her…
Hiring Remains Strong Even as Fed Tries to Cool Economy
But a broad range of economists and policymakers, including Jerome H. Powell, the Fed chair, stress that more…