JEANNA SMIALEK

Central bankers are closely watching wage growth, which has been picking up rapidly before accounting for inflation.

As the Federal Reserve battles rapid inflation, officials are likely to stay on an aggressive path even as signs of economic cooling emerge.

Central bankers raised rates by the most since 1994 last month, and minutes from the gathering explained their logic.

Central banks had a longstanding playbook for how inflation worked. In the postpandemic era, all bets are off.

Home sales are flagging and the rest of the economy is expected to slow, maybe sharply, as rates increase. Why is the Federal Reserve doing...

Home sales are flagging and the rest of the economy is expected to slow, maybe sharply, as rates increase. Why is the Federal Reserve doing...

The government’s plan to fight inflation could cost jobs and restrict wage growth.

Central bankers raised interest rates by three-quarters of a percentage point, and signaled that they expect rates to be sharply higher by the end of...

The central bank has hoped to cool down the economy without pushing unemployment much higher. Stubborn inflation narrows that path.

Central bankers had signaled that they would raise rates by half a point if data shaped up as expected. Inflation is instead running hotter.