Interest Rates – Page 74

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.

Employers have been burned by a labor shortage. Will that make them act differently if the economy slows down?

The I.M.F. lowered its growth outlook for 2023 and suggested interest rate hikes could spur a harsh global recession.

After an earlier announcement sent markets into a tailspin, the prime minister and the chancellor are under pressure to restore fiscal credibility.

The gain of 263,000 was shy of recent monthly totals but still robust. Stocks fell on fears of a harder, longer Fed campaign to fight inflation.