U.S. Wages Rose Rapidly in Third Quarter, Keeping Pressure on Inflation
Wages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate...
Wages and prices continued to rise rapidly in the late summer, keeping the Federal Reserve on track for more interest-rate...
The U.S. budget deficit narrowed last year, but a cooling economy and rising interest rates put it on track to...
LONDON—New U.K. Chancellor Jeremy Hunt will make a statement later Monday, unveiling new public spending and tax policies as he...
The U.S. is forecast to enter a recession in the coming 12 months as the Federal Reserve battles to bring...
WASHINGTON—Rapidly rising interest rates are squeezing the flow of private capital to the world’s poorest countries. The problem is that...
The Federal Reserve will need to hold interest rates high enough to slow the economy after it lifts them through...
Some economists fear the Federal Reserve—humbled after waiting too long to withdraw its support of a booming economy last year—is...
A senior Federal Reserve official warned of the risks that additional inflationary shocks could lead the central bank to raise...
Mortgage rates rose to their highest level in more than 15 years, a new high since the 2008-09 financial crisis...
LONDON—The U.K.’s beleaguered pound hit its lowest-ever level against the U.S. dollar before recovering slightly Monday, as investors worried about...
Central banks around the world are raising their key interest rates in the most widespread tightening of monetary policy on...
LONDON—Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the...
By raising rates, the Fed seeks to cool the economy and rein in inflation, which continued to run higher than...
Shorter-term Treasury yields ticked higher while longer-term yields fell Wednesday after the Federal Reserve signaled interest rates will likely climb...
The decision Wednesday—unanimously supported by the Fed’s 12-member rate-setting committee—will lift its benchmark federal-funds rate to a range between 3%...
Federal Reserve Chairman Jerome Powell’s remarks are always of interest to investors. Photo: BRENDAN MCDERMID/REUTERS Sept. 18, 2022 3:00 pm...
The U.S. dollar is experiencing a once-in-a-generation rally. For the rest of the world, that is a big problem.The dollar’s...
A Federal Reserve official suggested he would support raising interest rates by another 0.75-percentage point later this month to combat...
Federal Reserve Chairman Jerome Powell said the central bank is squarely focused on bringing down high inflation to prevent it...
Lorie Logan in her first comments as leader of the Federal Reserve Bank of Dallas on Wednesday said she agreed...