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 New York Times24d
Fed Chair Powell Acknowledges Inflation Is a ‘Little Higher’ Than Expected
“Growth is definitely stronger than we thought, and inflation is coming a little higher,” Mr. Powell said at The New York Times’s DealBook Summit on Wednesday. “The good news is that we ...
The New York Times15d
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 come, our columnist says. By Jeff Sommer Jeff Sommer writes Strategies, a ...