Fed’s Brainard Says Reducing Elevated Inflation ‘Is of Paramount Importance’
A top Federal Reserve official said the central bank is strongly committed to taking steps that will reduce inflation this...
indicators
U.S. Trade Deficit Narrowed Slightly in February
The U.S. trade deficit narrowed slightly in February, shrinking 0.1% for the month but remaining close to a record. Both...
Economists Seek Recession Clues in the Yield Curve
As yields on two-year Treasury notes this week moved above yields on 10-year notes, Wall Street analysts sent up warning...
U.S. March Jobs Report Shows Strong Hiring Momentum
The U.S. labor market strengthened last month as the pandemic’s grip receded and more workers jumped back into the labor...
March Jobs Report Keeps Fed on Track for Larger Rate Rise in May
Friday’s employment figures underscore the urgency Federal Reserve officials feel to quickly withdraw economic stimulus by raising interest rates in...
Inflation Weighed on Consumer Spending Growth in February
Consumer spending growth, a key engine of the economy, slowed sharply in February, as the Omicron surge of Covid-19 eased...
U.S. Inflation Rises to 40-Year Peak in February by Fed’s Preferred Measure
Inflation reached a new 40-year peak in February, according to the Federal Reserve’s preferred gauge, buoyed in part by a...
U.S. Jobless Claims Edge Higher Amid Tight Labor Market
New applications for U.S. unemployment benefits rose slightly last week, indicating a strong labor market in which employers are holding...
Home-Price Growth Accelerated in January
Home-price growth accelerated in January as the supply of homes for sale fell to a new low. The S&P CoreLogic...
Biden’s Budget Calls for Increase in Defense Spending, Including Funds for Ukraine
WASHINGTON—President Biden on Monday released a $5.8 trillion budget that envisions a substantial increase in U.S. defense spending, a sign...
Economy Week Ahead: Key Inflation, Jobs Numbers Highlight Week’s Data
Economists are forecasting another strong month of employment gains in March. Photo: stefani reynolds/Agence France-Presse/Getty Images By WSJ staff March...
Europe’s Economy Slows as Ukraine War Sends Costs Soaring
Europe’s economic recovery slowed in the first weeks of March after Russia’s invasion of Ukraine while U.S. business activity picked...
U.S. Jobless Claims Fall in Tight Labor Market
New applications for unemployment benefits in the U.S. fell last week to historic lows as employers held on to their...
Central Banks Grapple With Dual Threat of Slowing Growth, Rising Inflation
The war in Ukraine is casting a stagflationary shadow over the world economy and posing a dilemma for central banks:...
Home Sales Fell in February Amid Tight Supply, Rising Mortgage Rates
Sales of previously owned homes declined in February as rising mortgage-interest rates and a shortage of homes for sale made...
Biden Emphasizes Deficit Reduction in Bid to Pass Economic Agenda
WASHINGTON—The Biden administration and top Democrats are embracing efforts to reduce the federal deficit as they seek to gain support...
Fed Raises Interest Rates for First Time Since 2018
The Federal Reserve said it would lift interest rates and penciled in a series of further increases this year aimed...
U.S. Retail Sales Grew 0.3% in February
Americans kept up retail spending in February but at a slower pace than the prior month, as they faced high...
Producer Price Increases Leveled Off in February
Suppliers’ price increases plateaued in the first two months of the year as pandemic-related disruptions and strong consumer demand continue...
Economy Week Ahead: Retail, Central Banks, Home Sales
The Fed is looking to cool demand and control inflation. Photo: Jonathan Ernst/REUTERS By WSJ staff March 13, 2022 3:00...
