Why Economies Haven’t Slowed More Since Central Banks Hit the Brakes
Government aid and the effects of the pandemic are blunting the impact of higher interest rates, for now. Source link
Government aid and the effects of the pandemic are blunting the impact of higher interest rates, for now. Source link
The European Central Bank raised its key interest rate by a quarter percentage point, pressing ahead with its campaign against...
Officials had approved interest-rate hikes at their previous 10 meetings to combat inflation. Source link
The consumer-price index rose 4% in May from a year earlier, well below the recent peak of 9.1% last June...
Unexpected trim in key lending rate likely heralds further steps to stimulate China’s economy. Source link
Chinese exports fell at a steeper-than-expected pace in May, fueling concerns that global trade activity is cooling rapidly. Source link
The pandemic’s aftereffects are fueling economic resilience despite rising interest rates. Source link
The labor market has defied expectations of a slowdown this year with 339,000 jobs added in May. The unemployment rate...
Economists estimate that Americans increased consumer spending last month and that price increases remained elevated. Source link
Minneapolis Fed President Neel Kashkari said he could support holding interest rates steady at the central bank’s next meeting. Source...
Fed chair says banking strains could mean rates don’t have to rise as much to tame inflation Source link
The president will also tap economist Adriana Kugler for a Fed board seat. If confirmed, she would be the first...
Federal Reserve governor Michelle Bowman says there hasn’t been sufficient evidence of a labor market or inflation slowdown. Source link
Central bank officials remove earlier guidance that had pointed to further increases. Source link
SYDNEY—New Zealand’s financial system is well placed to handle rising interest rates and uncertainty in the international financial system, the...
Growth slowed to 1.1% annual rate as resilient consumers faced high inflation and rising interest rates. Source link
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New York CNN — Millions of jobs could be on the chopping block this year, as the Federal Reserve continues...
The Reserve Bank of New Zealand said its half-percentage-point increase was necessary to curb stubbornly high inflation. Source link
The number of job openings fell below 10 million for the first time in nearly two years, a sign that...