Ben Casselman and Jeanna Smialek

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Federal Reserve Officials See Rates Staying High

Federal Reserve officials forecast higher interest rates through 2026 this week, a sign that borrowing costs are not heading back to the rock-bottom levels normal...

U.S. Recession Appears Less Likely, Economists Say

Rising interest rates were widely expected to put the U.S. economy in reverse. Now things are looking rosier, but don’t pop the Champagne corks yet.

Wages and Prices Slow Unevenly, Reflecting ‘Rocky and Bumpy’ Economy

Key pay and inflation gauges have stayed stubbornly high as Federal Reserve officials consider when to stop raising interest rates.

Wages and Prices Could Show a Cool-Down Before a Fed Meeting

Key wage and inflation gauges released on Friday are expected to moderate, which may give Federal Reserve officials comfort as they consider when to stop...

Consumer Spending Slid Again in December

Fresh data offered more detail on how shoppers retrenched at the end of 2022.

Bad News for the Fed As Inflation and Wages Continue to Climb Rapidly

The Federal Reserve’s preferred inflation measure showed that price gains remained fast in September, and a gauge of wages it watches closely is climbing quickly.

Income and Spending Rose Less Than Prices in May

After the latest monthly consumer data, some analysts expect a second straight quarter of decline in the U.S. gross domestic product.
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