Inflation Drags Eurozone Economy Into Recession
High energy and food prices following Russia’s invasion of Ukraine hit household spending in Europe. Source link
price indices
Spending and Inflation Figures Come as Fed Debates Pause
Economists estimate that Americans increased consumer spending last month and that price increases remained elevated. Source link
Jerome Powell Keeps June Interest-Rate Pause in Play
Fed chair says banking strains could mean rates don’t have to rise as much to tame inflation Source link
Fed Official Signals Support for Further Rate Increases
Federal Reserve governor Michelle Bowman says there hasn’t been sufficient evidence of a labor market or inflation slowdown. Source link
CPI Report Shows Inflation Eased in April but Remains Stubbornly High
Inflation eased to 4.9% in April, the Labor Department said Wednesday, as the economy showed signs of cooling. Source link
Federal Reserve Raises Rates, Signals Potential Pause
Central bank officials remove earlier guidance that had pointed to further increases. Source link
Why Is Inflation So Sticky? It Could Be Corporate Profits
Inflation has proved more stubborn than central banks bargained for when prices started surging two years ago. Now some economists...
GDP Report Shows Economic Growth Slowed in First Quarter
Growth slowed to 1.1% annual rate as resilient consumers faced high inflation and rising interest rates. Source link
U.K. Inflation Stays Above 10%, Raising Prospect of Further Interest-Rate Increases
Food prices rose at the highest pace in decades. A combination of persistent price increases and rising wages sets the...
Bank Failures. High Inflation. Rising Rates. Is the Resilient Jobs Market About to Crack?
U.S. employers added 5.6 million jobs over 14 months, but gains have shown signs of cooling recently amid economic risks....
New Zealand Shocks With Big Rate Rise as Some Central Banks Pause
The Reserve Bank of New Zealand said its half-percentage-point increase was necessary to curb stubbornly high inflation. Source link
Consumer Spending Moderated in February and Core Inflation Eased
Consumer spending increased a seasonally adjusted 0.2% in February, from January’s revised 2% increase, which was the largest one-month gain...
Banking Strains, Inflation Threaten Global Economic Rebound
EconomyA strong services sector is supporting activity around the world, but that strength also fuels inflation Source link
Fed Walks Tightrope Between Inflation and Bank Turmoil—but for How Long?
EconomyCapital AccountCentral bank nods to bank troubles but presses ahead with slightly slower rate increases Source link
Fed Raises Rates but Nods to Greater Uncertainty After Banking Stress
EconomyU.S. EconomyOfficials voted unanimously to increase their benchmark short-term rate by a quarter percentage point Source link
U.K. Inflation Resumes Its Rise, Defying Expectations
Price increases in February picked up to 10.4% from 10.1% in January as the cost of food rose at the...
Central Banks Should Press Ahead With Rate Rises Despite Bank Pains, Says OECD
EconomyThe research group doesn’t expect a repeat of the 2008 banking crisis despite financial strains and sees high inflation as...
Fed’s Jerome Powell Says Data Will Determine Size of Next Rate Increase
EconomyU.S. EconomyFebruary reports on hiring, inflation will guide rate decision, central bank chair says in testimony Source link
The World Economy Is Doing Well—This Is Bad News for Central Bankers
EconomySurprising signs of economic vitality from the U.S. to China and Europe are complicating the fight to bring down high...
U.S. Households Lifting Economy After Being Stung by Inflation Last Year
EconomyU.S. EconomyWage gains, state tax cuts and cost-of-living adjustments are boosting disposable income Source link
