Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
Tag: Inflation (Economics)
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Investors Look to Corporate Reports With Low Expectations
As companies prepare to publish their latest financial results, Wall Street forecasters expect profits to fall for the first time since the early days of the pandemic.
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Powell Says Fed ‘Will Not Be’ a Climate Policymaker
In a speech on Federal Reserve independence, Chair Jerome H. Powell emphasized that climate change should be addressed by elected officials.
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The Fed May Finally Be Winning the War on Inflation. But at What Cost?
There’s a good chance that the Fed could push the economy into recession. The pain will not be shared equally.