JEANNA SMIALEK

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The Fed Bets on a ‘Soft Landing,’ but Recession Risk Looms

Central bankers have been clear that they will do what it takes to control inflation. They are betting on a soft landing, but a bumpy...

Is America’s Economy Entering a New Normal?

Policymakers are wrestling with the reality that the pandemic may mark a turning point in the nation’s economic plot.

Powell Says Fed Could Raise Rates More Quickly to Tame Inflation

Jerome H. Powell, the chair of the Federal Reserve, voiced worry about inflation expectations and declared the central bank ready to do what it takes...
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