Tag: Inflation (Economics)
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…
The Pandemic’s Nerd Celebrities
“Ship Happens: The Miniseries” is a podcast that would not exist if not for the pandemic, which prompted…
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,…
March Fed Minutes: ‘Many’ Officials in Favor of a Big Rate Increase
Minutes from the Federal Reserve’s March meeting showed that central bankers were preparing to shrink their portfolio of…
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…
The U.S. economy added 431,000 jobs in March.
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…
High Inflation Could Persist as Wages Continue to Rise
Economists have been waiting for Americans to shift from buying goods, like furniture and appliances, and toward spending…
Biden Plan Would Release a Million Barrels of Oil a Day From Reserve
But the price of gas has continued to rise, and the political pressure has not let up.Republicans have…
The Fed Bets on a ‘Soft Landing,’ but Recession Risk Looms
Jerome H. Powell, the Federal Reserve chair, emphasized this week that the central bank he leads could succeed…
Bond Market Unsettled by Inflation Worries
From a longer vantage, the August 2020 trough may just possibly have marked the end of a 40-year…