JEANNA SMIALEK

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Fresh Inflation Data Shows Intact, but Bumpy, Cool-Down

Inflation remains faster than usual — and month-to-month bumps are still likely as volatile prices fluctuate — but it is making progress back toward a...

Mortgage Rates and Inflation Could Draw Attention to the Fed This Election

The Federal Reserve is poised to cut rates in 2024 while moving away from balance sheet shrinking. Yet a key event looms in the backdrop:...

Brisk Wage Gains in December Could Keep the Fed Watchful

Average hourly earnings climbed 0.4 percent from the previous month, and 4.1 percent compared to a year earlier. That was faster than economists expected.

Fed Minutes Showed Officials Feeling Better About Inflation

Central bankers wanted to signal that interest rates were likely at or near their peak while keeping their options open, December minutes showed.

Will America’s Good News on Inflation Last?

One of the biggest economic surprises of 2023 was how quickly inflation faded. A dig into the details offers hints at whether it will last...

Price Increases Cooled in November as Inflation Falls Toward Fed Target

A key inflation measure has been slowing and overall prices actually declined slightly from October, good news for officials and consumers.

What Social Trends Taught Us About the 2023 Economy

From girl dinners to ChatGPT, a look back at the trends that broke the internet and taught us about the American economy this year.

Is Jerome Powell’s Fed Pulling Off a Soft Landing?

It’s too soon to declare victory, but the economic outlook seems sunnier than it did a year ago, and many economists are predicting a surprising...

What to Watch at the Fed’s Final Meeting of 2023

Federal Reserve officials are widely expected to leave interest rates unchanged, but economists will watch for hints at what’s next.

Inflation Holds Roughly Steady Ahead of Fed Meeting

Consumer prices rose 3.1 percent in the year through November, and a closely watched core index was roughly the same rate as the previous month.
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