Many workers grew comfortable thinking they had plenty of options. Now “everybody’s feeling the whiplash,” and anxiety is rising.
Tag: United States Economy
-
The Fed Wants to Quash Inflation. But Can It Do It More Gently?
Central bankers have been raising rates rapidly to temper demand and bring prices under control. Now, they’re asking when they can slow down.
-
I.M.F. to Lower Global Outlook as Recession Risks Rise
The head of the International Monetary Fund, Kristalina Georgieva, painted a dark picture of the global economy.
-
Why Is It So Hard to Hit the Brakes on Inflation?
The Federal Reserve has run up against a stubborn obstacle in efforts to lower prices: companies reluctant to give up fat profits.