The president is counting on the central bank to strike the right balance on jobs and inflation — and to prevent a spiraling financial crisis.
Tag: Interest Rates
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Investors Trade Cautiously Ahead of Pivotal Fed Decision
There is widespread uncertainty about whether the Federal Reserve will continue raising rates as the banking industry teeters. “It’s a coin toss now,” one strategist said.
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U.K. Inflation Swings Upward, in a U-Turn
Prices in Britain reversed a recent downward trend, rising by 10.4 percent in the year through February.
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Where High Interest Rates Have Sent Home Prices Sliding
In Sweden, the central bank’s fight against inflation is crimping economic growth and has contributed to a 15 percent drop in home prices.
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Fed Meets as Bank Chaos Collides With Inflation
The Federal Reserve will decide whether and by how much to raise interest rates this week at a moment when its path ahead is newly fraught.