The Federal Reserve left interest rates at 5.25 to 5.5 percent, but its chair, Jerome Powell, said policymakers could still raise rates again.
Author: Jeanna Smialek
Want to Spur Green Energy in Wyoming? Aim for the Billionaires.
One man’s quest to lure climate investment from the wealthy enclave of Jackson underscores how the climate law works: It runs on rich people.
Want to Spur Green Energy in Wyoming? Aim for the Billionaires.
One man’s quest to lure climate investment from the wealthy enclave of Jackson underscores how the climate law works: It runs on rich people.
Fed Meeting: What to Expect on Interest Rates
The Federal Reserve is unlikely to declare victory this week. But investors will watch for any hint that the end to rate increases is coming.
Fed Chair’s Message Is Clear: The Fight Against Inflation Isn’t Over
Jerome H. Powell, the head of the Federal Reserve, struck a resolute tone in a speech at the central bank’s most closely watched conference.
How the Jackson Hole Conference Became an Economic Obsession
Investors and economists are watching the event this week closely. How did a remote Wyoming conference become so central?
Fed Officials Avoided a Victory Lap at July Meeting
Federal Reserve officials raised interest rates at their July 26 meeting, but investors doubt that they will lift them again this year.
Soft Landing Optimism Is Everywhere. That’s Happened Before.
People are often sure that the economy is going to settle down gently right before it plunges into recession, a reason for caution and humility.
Flood of Workers Has Made the Fed’s Job Less Painful. Can It Persist?
Federal Reserve officials thought job gains would taper off more, but they’ve remained strong. An improving supply of workers has been crucial.
Inflation Cools Sharply in June, Good News for Consumers and the Fed
The Consumer Price Index moderated considerably in June compared with a year earlier, offering relief to Americans after two years of rapid inflation.