The president plans to extol his economic achievements in a big campaign-style speech. But inflation and recession fears could overshadow the message.
Tag: Federal Reserve System
-
What Is Happening in the Housing Market?
Home construction surged in May and prices have ticked up, even with interest rates at a 15-year high. The resilience has surprised some economists.
-
Fed Chair Sees ‘Long Way to Go’ on Inflation Fight
Jerome H. Powell, the chair of the Federal Reserve, is set to tell House lawmakers that most central bank officials expect rates to rise further.
-
Inflation Has Eased, but Economists Are Still Worried
Inflation has come down from its 2022 heights, but economists are worried about its stubbornness.
-
What Businesses Can Learn from Antony Blinken’s China Trip
The secretary of state’s talks with Xi Jinping raised hopes that the world’s two biggest economies might stabilize relations, but the big challenges were not resolved.