WSJ News Exclusive | ECB Could Raise Rates Above 3.5%, Hold Them There, Official Says
WSJ News ExclusiveEurope EconomyComment by Irish central-bank governor could surprise investors who expect interest rates to peak in July Source...
price indices
Booming Job Gains Could Fuel Fed Debate Over Whether More Is Needed to Corral Inflation
EconomyU.S. EconomyOfficials seeking to fight inflation could face tricky decisions if wage growth slows and hiring stays strong Source link
Economy Week Ahead: U.S. Interest Rates, Labor Market in Focus
EconomyEconomy Week AheadJob reports will gauge U.S. wages, openings and overall labor market, while Fed meets to consider raising rates...
Consumer Spending Fell 0.2% in December as Inflation Cooled
EconomyU.S. EconomyUnderlying inflation cooled to its slowest pace since October 2021. Source link
GDP Report Shows Economic Growth Cooled Slightly in Fourth Quarter
U.S. economic growth cooled slightly to a 2.9% annual rate in the fourth quarter, capping a year of high inflation...
Surge in Hiring by Small Business Complicates Fed’s Effort to Cool Economy
EconomyU.S. EconomyCentral bankers point to labor market as a primary driver of high inflation Source link
China’s Reopening Complicates Global Fight Against Inflation
A stronger Chinese economy would boost demand for commodities but could also ease supply-chain bottlenecks—resulting in mixed signals for central...
Consumer Prices Plateau as Inflation Slows to Prepandemic Levels
After a period of steep inflation, Americans have seen monthly price growth ease, but when will things get back to...
Top Fed Official Sees Inflation Decline as Notable Improvement
A top Federal Reserve official said the recent decline in inflation was an important development that could raise questions over...
Egg Prices Have Soared 60% in a Year. Here Is Why They Are So Expensive.
The avian flu outbreak keeps the egg supply tight as inflation rises. Source link
Workers Lose Ground to Inflation Despite Big Wage Gains
EconomyRecent data suggest a shift is under way, with paycheck totals gaining as inflation recedes Source link
Economy Week Ahead: Consumer Inflation in Focus
EconomyEconomy Week AheadU.S. and Chinese governments to report latest price trends Source link
Fed’s Barkin and George Say Inflation Fight Isn’t Over Despite Promising Signs
Inflation readings have been encouraging recently, but the Fed’s fight against rising prices isn’t over, the leaders of the Richmond...
Fed Official Sees Progress on Inflation, Says More Rate Rises Needed
The Federal Reserve’s short-term benchmark rate isn’t yet at a level high enough to sufficiently slow the U.S. economy to...
Samsung Expects Big Drop in Profit on Slumping Tech Demand
High inflation and weak economies hit sales of memory chips and smartphones. Source link
Stay for Pay? Companies Offer Big Raises to Retain Workers
EconomyU.S. EconomyRecent record-high wage gains for workers who remain in their jobs are a factor contributing to inflation Source link
Consumer Spending Tapered Off Ahead of the Holidays
Households boosted spending on services while cutting outlays on goods, including autos. The outlook for the holiday-shopping season remains murky....
Fed Raises Rate by 0.5 Percentage Point, Signals More Increases Likely
Most officials penciled in plans to raise rates above 5% next year, higher than previously expected. Source link
U.S. Inflation Eased in November, CPI Report Shows
U.S. inflation eased significantly to 7.1% in November, its slowest pace since the end of 2021, the Labor Department said...
Slowing Growth Edges Out Inflation as Top Concern
Equities and fixed-income markets have diverged in December, suggesting that investors’ preoccupation with inflation is fading. Source link
