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JEANNA SMIALEK
Posts
Fed Faces Tough Decisions as Inflation Lingers and Economic Risks Loom
The central bank is expected to raise rates three-quarters of a point today, but what it says about its next steps will be even more…
Jerome Powell Is Popular. His War on Inflation Could Change That.
Jerome H. Powell, who is well liked across the political spectrum, is presiding over the fastest interest rate increases in generations, with another one expected…
A Federal Reserve President Spoke at an Invite-Only, Off-Record Bank Client Event
James Bullard, who leads the Federal Reserve Bank of St. Louis, appeared at a Citigroup forum last week in Washington. Reporters were not invited.
The Fed, Staring Down Two Big Choices, Charts an Aggressive Path
Federal Reserve officials are barreling toward another three-quarter point increase in November, and they may decide to do more as inflation refuses to budge.
Inflation was much hotter than expected, bad news for the Fed.
Inflation rose quickly in September and a key measure accelerated to the fastest pace since 1982, underlining the persistence of price increases.
Takeaways From Another Painful CPI Inflation Report
Here’s what to know from the Consumer Price Index report for September.
Federal Reserve Officials Worried About Risks of Faster Inflation at Last Meeting
Minutes from the Fed’s September meeting showed many were more worried about doing too little to control inflation than too much.
The Nobel in Economics to Be Awarded Monday
The final prize announced this year will be awarded at the Royal Swedish Academy of Sciences in Stockholm.
Wages continued to climb, keeping the Fed on course.
Despite slowing slightly, wage growth remains strong. Fed officials are likely to see that as a green light to stay focused on cooling the economy.
The Fed Wants to Quash Inflation. But Can It Do It More Gently?
Central bankers have been raising rates rapidly to temper demand and bring prices under control. Now, they’re asking when they can slow down.