The Fed’s Preferred Inflation Measure Sped Up in November
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more ...
The Fed Cut Rates and Signaled a Long Fight Against Inflation
Jerome Powell, the Fed chair, said that the central bank cut rates after each of its last three meetings because inflation ...
The Fed Is Stuck Fighting the Last War
Mired in a battle to contain surging prices, the central bank also needs to be nimble enough for the economic downturns to ...
From Inflation to Bitcoin, 9 Charts That Explain 2024
Rate cuts, stock surges, and Trump’s tariff threats are among the biggest forces shaping business and the economy.
Bracing for a Fed Pullback
Wall Street sees the central bank cutting interest rates on Wednesday. But growing worries about inflation are adding to ...
Markets Rally, Shaking Off Threat of Government Shutdown
The S&P 500 jumped after a November inflation reading helped ease worries. A partial government shutdown, analysts said, wouldn’t have a lasting economic impact.
The Economy Is Finally Stable. Is That About to Change?
President-elect Donald J. Trump’s proposals on tariffs, immigration, taxes and deregulation may have far-reaching and ...
Party City to Close All Stores by February, Company Says
In an internal letter, the company said inflation and changes in consumer spending had forced it to shut its more than 700 ...
Hitting Home for the Holidays: A Jump in Egg Prices
Costs have soared again amid a bird flu outbreak, bringing renewed attention to the fact that while inflation is cooling, ...
Britain’s Economy Is ‘Bumbling’ Into the New Year
Stubborn inflation, tax rises and high interest rates make it difficult for many to muster optimism, at least in the short ...