Japan’s consumer inflation hits fresh 40-year high | CNN Business
Japan’s core consumer inflation hit a fresh four-decade high as companies continued to pass on rising costs to households, data...
Inflation
Why America’s economy remains surprisingly strong — but you don’t realize it | CNN Business
New York CNN Business — Each week brings head-scratching contradictory news about the economy. This past week was no different,...
White House Looks at Benefits to Lure Americans Back Into Workforce
Biden administration officials are focusing on lagging worker participation as they craft a 2023 economic agenda. Source link
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
Most officials penciled in plans to raise rates above 5% next year, higher than previously expected. Source link
U.S. Inflation Eased in November, CPI Report Shows
U.S. inflation eased significantly to 7.1% in November, its slowest pace since the end of 2021, the Labor Department said...
Inflation cooled more than expected in November | CNN Business
Minneapolis CNN — Tuesday brought some encouraging news on the stubbornly high prices that have weighed down Americans: Inflation as...
Slowing Growth Edges Out Inflation as Top Concern
Equities and fixed-income markets have diverged in December, suggesting that investors’ preoccupation with inflation is fading. Source link
Why we think we’re in a recession when the data says otherwise | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Jobs Report Keeps Federal Reserve on Track for 0.5-Point Rate Rise
The strong November jobs report keeps the Federal Reserve on track to raise interest rates by a half percentage point...
Layoffs Hit White-Collar Workers as Amazon, Walmart, Others Cut Jobs
BusinessRecent wave of job cuts marks departure from previous downturns when blue-collar workers were shed first Source link
Spending Report to Offer Clues About Consumers’ Strength This Holiday Season
EconomyGovernment to release October figures on spending, inflation and income Source link
Third-Quarter U.S. Growth Was Stronger Than Previously Thought
Job openings in October remained high and far exceeded the number of people seeking work. Source link
Inflation in Europe drops for the first time in 17 months | CNN Business
London CNN Business — For the first time in 17 months, inflation in Europe is easing. Consumer prices rose by...
Fed’s Williams Says Inflation Fight Could Last Into 2024
A senior Federal Reserve official said he expects inflation pressures to recede over the next year but cautioned the central...
Fed Minutes Show Most Officials Favored Slowing Rate Rises Soon
EconomyU.S. EconomyPolicy makers have signaled plans to dial back the pace of interest-rate increases, while warning rates could rise to...
Inflation Report Leaves Fed on Track for 0.5-Point Rate Rise in December
The October inflation report is likely to keep Federal Reserve officials on track to approve a half-percentage-point interest-rate increase next...
Elevated Inflation Presents Risk to U.S. Economy, Fed Report Finds
EconomyCentral bank identifies near-term threats in Financial Stability Report Source link
Federal Reserve Hikes by 0.75 Point, Signals Slower Increases but Ultimately Higher Rates
EconomyU.S. EconomyChairman Jerome Powell says too soon to talk about pausing rate increases Source link
The Fed’s Problem With the Job Market
Federal Reserve officials worry that rising wages will lock the economy into a high-inflation regime. But how great is the...
Economic Pressures Weigh on Voters in Final Midterms Campaign Stretch
Sean Belveal, a 44-year-old assistant high-school principal in suburban Cleveland who voted for President Biden, thinks his middle-class family shouldn’t...
