U.S. Existing-Home Sales Reached a 15-Year High of 6.1 Million Last Year
U.S. home sales surged to a 15-year high in 2021, powered by low borrowing rates and an intense buyer demand...
Monetary Policy
China Seeks to Cushion Blow of Economic Pain as Momentum Slows
HONG KONG—Last year, Chinese policy makers shook up the world’s second-largest economy just as its rebound from the pandemic was...
Economy Week Ahead: China GDP, U.S. Housing
A man passed through Beijing’s central business district late last year. Photo: greg baker/Agence France-Presse/Getty Images By WSJ Staff Jan....
Fed Releases Transcripts of 2016 Policy Meetings
Transcripts released by the Federal Reserve on Friday revealed the extent of officials’ 2016 debate over how fast to move...
Biden Taps Economists Lisa Cook, Philip Jefferson for Fed Seats
President Biden will seek to fill two seats on the Federal Reserve’s Board of Governors with academic economists Lisa Cook...
Fed’s Powell Says Economy No Longer Needs Aggressive Stimulus
Federal Reserve Chairman Jerome Powell called high inflation a “severe threat” to a full economic recovery and said Tuesday the...
Economy Week Ahead: the Fed, Inflation, Consumers
Fed Chairman Jerome Powell, here testifying before the Senate Banking Committee in September, is set to return for a confirmation...
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...
WSJ News Exclusive | Biden Eyes Raskin as Top Fed Banking Regulator
President Biden is considering Sarah Bloom Raskin for a top role at the Federal Reserve as part of a slate...
Turkey Rolls Out Economic Rescue Plan, Reversing Lira’s Spiral
ISTANBUL—Turkey’s currency mounted a dramatic, partial reversal from a monthslong collapse on Tuesday after President Recep Tayyip Erdogan announced a...
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,...
WSJ News Exclusive | Beijing Reins In China’s Central Bank
The People’s Bank of China has never been politically independent like a Western central bank, but it has nonetheless enjoyed...
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...
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...
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...
Biden Nears Endgame on Fed Chair Decision
President Biden faces one of the most important economic policy decisions of his presidency, which is expected this week, when...
Fed Dials Back Bond Purchases, Plots End to Stimulus by June
The central bank approved plans to begin scaling back its bond-buying stimulus program this month and end it by June,...
Central Banks Fuel New Bets on Tighter Money as Inflation Rises Globally
Stubbornly high inflation across more wealthy economies last week prompted a shakeout in bond markets as investors began expecting central...
Economy Week Ahead: Central Banks, GDP, Consumer Spending
U.S. consumer spending is expected to have advanced in September. Photo: Joe Raedle/Getty Images By WSJ Staff Oct. 24, 2021...
