Central bankers wanted to signal that interest rates were likely at or near their peak while keeping their options open, December minutes showed.
Tag: Prices (Fares, Fees and Rates)
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General Motors Reports a 14% Jump in U.S. Auto Sales in 2023
The nation’s largest automaker sold more cars in 2023 than a year ago as supply chain chaos ended, but sales are now under pressure from rising interest rates.
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Will America’s Good News on Inflation Last?
One of the biggest economic surprises of 2023 was how quickly inflation faded. A dig into the details offers hints at whether it will last into 2024.
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Tesla Sales Rebound After Steep Price Cuts
The leading electric-vehicle maker also drew buyers eager to take advantage of government incentives that will be harder to get in 2024.
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Indian Stocks Are Booming. Why Is Long-Term Investment Lagging?
Long-term investment in India by businesses is stagnant, and foreign money is falling, even as the government is driving growth with infrastructure spending.