Eurozone Inflation Eased in November, but Further Rate Rises Likely
WorldEuropeECB’s Christine Lagarde is skeptical that inflation has peaked as the eurozone economy likely enters recession Source link
Monetary Policy
Home Prices Slid in September for Third Straight Month
EconomyU.S. EconomyCase-Shiller index fell 1% in September from August amid higher interest rates Source link
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...
Europe Doubles Down on Big Government
WorldEuropeEconomists fear high inflation and rising interest rates will make it harder for the continent to spend its way out...
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...
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...
U.S. Deficit Shrank Last Fiscal Year, but Is Poised to Widen as Economy Slows
The U.S. budget deficit narrowed last year, but a cooling economy and rising interest rates put it on track to...
U.K. Treasury Chief Jeremy Hunt Looks to Reassure Markets With New Tax Plan
LONDON—New U.K. Chancellor Jeremy Hunt will make a statement later Monday, unveiling new public spending and tax policies as he...
Economists Now Expect a Recession, Job Losses by Next Year
The U.S. is forecast to enter a recession in the coming 12 months as the Federal Reserve battles to bring...
World’s Emergency-Lending Capacity Is Getting Stretched as Crises Deepen
WASHINGTON—Rapidly rising interest rates are squeezing the flow of private capital to the world’s poorest countries. The problem is that...
Fed’s Evans Says Rates Will Need to Remain at Higher Levels
The Federal Reserve will need to hold interest rates high enough to slow the economy after it lifts them through...
Fed’s Inflation Fight Has Some Economists Fearing an Unnecessarily Deep Downturn
Some economists fear the Federal Reserve—humbled after waiting too long to withdraw its support of a booming economy last year—is...
Fed’s Lael Brainard Warns on Inflation, Financial Stability Risks
A senior Federal Reserve official warned of the risks that additional inflationary shocks could lead the central bank to raise...
Mortgage Rates Rise to 6.7%, Highest Since 2007
Mortgage rates rose to their highest level in more than 15 years, a new high since the 2008-09 financial crisis...
British Pound, Bonds Roiled as Tax-Cut Plans Spook Investors
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 May Stoke Risks by Raising Interest Rates Together
Central banks around the world are raising their key interest rates in the most widespread tightening of monetary policy on...
World’s Central Banks Race to Raise Rates After Fed Increase
LONDON—Central banks around the world moved Thursday to combat the effects of a soaring dollar and rising inflation, joining the...
How the Fed’s Rate Increase Will Hit Americans’ Monthly Budgets
By raising rates, the Fed seeks to cool the economy and rein in inflation, which continued to run higher than...
