Fed Minutes Reflect Growing Unease Over High Inflation
Federal Reserve officials at their meeting last month eyed a faster timetable for raising interest rates this year amid greater...
economic performance
U.S., European Factories See Easing Supply Strains, but Omicron Threatens Setbacks
Factories in Europe and the U.S. reported a further easing of supply-chain problems and associated cost increases as 2021 drew...
Economy Week Ahead: Eurozone Manufacturing, U.S. Jobs Report
A worker checked bodywork at the Iveco plant in Suzzara, Italy, in December. The state of European manufacturing will be...
Strong Labor Market in 2021 Faces Down Omicron Threat
U.S. employers added a record number of jobs in 2021, a gauge of layoffs fell to a half-century low and...
U.S. Home-Price Growth Slowed Again in October
U.S. home-price growth slowed for the second straight month in October, an indication that the hot housing market may be...
Omicron Variant is Expected to Dent Global Economy in Early 2022
A winter surge in Covid-19 cases driven by the Omicron variant is prompting economists to downgrade U.S. and global growth...
Economy Week Ahead: Home Prices, Unemployment Claims
Data on average home prices in major metropolitan areas and pending home sales are due this week. Photo: Justin Sullivan/Getty...
Millennials Are Supercharging the Housing Market
The generation that supposedly didn’t want to buy things now accounts for over half of all home-purchase loan applications. Economists...
Canada Renews Central Bank’s Inflation-Targeting Mandate
OTTAWA—The Canadian government and Bank of Canada agreed Monday to renew the central bank’s mandate to target 2% annual inflation,...
How Do You Feel About Inflation? The Answer Will Help Determine Its Longevity
Supply-chain disruptions, labor shortages and climbing oil prices have pushed inflation to a 39-year-high. But attention is now focused on...
Brazil Grapples With Old Nemesis Inflation Amid Pandemic
SÃO PAULO—Inflation is surging in Brazil, forcing a country with one of the highest death rates from Covid-19 to grapple with...
Inflation’s Warm-Up Act
Inflation will probably cool next year, but it may still be plenty warm. Right now, inflation is running hot. The...
Jobs Gap Has Grown to Two Unemployed Workers Per Three Openings Since Summer
U.S. job openings continue to far outpace the number of available workers, with nearly five million more open positions than...
China Moves to Boost Slowing Economy
HONG KONG—China’s central bank said it would reduce the amount of money banks are required to set aside as it...
U.S. Added Just 210,000 Jobs in November
The U.S. economy added 210,000 jobs in November, marking a slowdown in hiring amid new Covid-19 uncertainties, but a tight...
Powell Warns Elevated Inflation Justifies Faster Reduction of Bond Purchases
Federal Reserve Chairman Jerome Powell said the central bank would consider accelerating the reduction of its asset purchases at its...
New Omicron Variant Exacerbates Inflation Uncertainty, Powell Says
The Fed chairman says the Covid-19 variant could intensify supply-chain disruptions and slow progress in the labor market. Source link
Eurozone Inflation Likely Hit Record High in November
Consumer-price inflation in the eurozone likely hit a record high in November, but many economists think that might mark a...
Fed Officials Debated Inflation Concerns, Taper Pace at November Meeting
Federal Reserve officials expressed greater concern at their meeting earlier this month about how long inflation would stay elevated and...
U.S. Jobless Claims Reach 52-Year Low
Weekly jobless claims fell sharply to the lowest level in 52 years, reflecting the labor market’s tightening as the economy...
