Wall Street will watch the central bank’s economic forecasts closely on Wednesday, when another jumbo-size rate increase is expected.
Author: Jeanna Smialek
New Inflation Developments Are Rattling Markets and Economists. Here’s Why.
Inflation is less about pandemic and war surprises and more about economic momentum. That could make the solution more painful.
Fed’s Kashkari says officials are ‘a long way’ from backing off inflation fight.
Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis, said the Fed had more work to do in trying to control price increases.
High Inflation in June Puts Pressure on Interest Rates
Prices climbed 9.1 percent from a year earlier, ramping up pressure on the Federal Reserve to continue raising interest rates.
Inflation Soared in June, Pinching Consumers and Challenging Policymakers
Prices climbed 9.1 percent from a year earlier, ramping up pressure on the Federal Reserve to continue raising interest rates.
Strong Wage and Jobs Growth Keeps Fed on Track for Big Rate Increase
The Federal Reserve is trying to cool down the economy to bring inflation under control, but the job market is still going strong.
Fed Moves Toward Another Big Rate Increase as Inflation Lingers
As the Federal Reserve battles rapid inflation, officials are likely to stay on an aggressive path even as signs of economic cooling emerge.
Powell Says the Fed Wil Find Price Stability in a New Economy
The Federal Reserve chair spoke at a conference in Sintra, Portugal, alongside other global economic leaders.
Fed Set to Lift Rates as ‘Soft-ish Landing’ Becomes a Harder Sell
The central bank has hoped to cool down the economy without pushing unemployment much higher. Stubborn inflation narrows that path.
Inflation Sped Up Again in May, Dashing Hopes for Relief
The Consumer Price Index picked up by 8.6 percent, as price increases climbed at the fastest pace in more than 40 years.