Our columnist is responding to readers’ questions. This week, he focuses on inflation, with the help of a bond maven and a Nobel laureate.
Tag: Federal Reserve System
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Stocks Return to Earth, With the S&P 500 Nearing a Bear Market
The market has been producing double-digit returns for investors, even at moments of great national strife. But the party has ended and it may be a long time before it begins again.
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Wall Street Slide Continues, With S&P 500 Edging Closer to Bear Market
Concerns about inflation and interest rates ignited the sell-off. But it has taken on a life of its own. Bringing inflation down will “include some pain,” the Fed chair said.
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Jerome Powell Confirmed for a Second Term as Fed Chair
The Senate vote gives Biden appointees a majority on the Fed Board during a period of rapid inflation.
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U.S. Inflation Is Still Climbing Rapidly
Inflation data showed a slowdown in annual price increases in April, but a closely watched monthly price measure continues to rise at an uncomfortably brisk rate.