The Fed Wants to Fight Inflation Without a Recession. Is It Too Late? Federal Reserve officials took a while to recognize that inflation was lasting. The question is whether they can tame it gently now.
The Era of Cheap and Plenty May Be Ending Supplies of goods are coming up short in the pandemic, and prices have jumped. Some economists warn that the changes could linger.
The Courage Required to Confront Inflation Inflation is the nation’s primary economic problem. The Federal Reserve still needs to move cautiously as it begins to raise interest rates.
Stocks Tumble as Jitters over Interest Rates Persist Wall Street was on track for its worst daily decline since early March, Recent comments from Fed officials have fueled expectations that interest rates will climb far faster than anyone thought even a few weeks ago.
To Stop Inflation, Will We Need to Engineer a Recession? Raising interest rates will pour cold water on an economy many believe is overheated — but at the risk of triggering a downturn.