As the Federal Reserve battles rapid inflation, officials are likely to stay on an aggressive path even as signs of economic cooling emerge.
Author: Jeanna Smialek
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.
The Potential Dark Side of a White-Hot Labor Market
The strong job market may be about to take a turn for the worse. That could come to haunt those who made choices based on today’s conditions.
New Data Show Few Black Economists at the Fed
The central bank has made few strides in hiring a more racially diverse staff of economics doctorates. Entry-level jobs are a different story.
Fed Confronts Why It May Have Acted Too Slowly on Inflation
Central bankers have been asking whether they should have reacted faster to rising inflation last year — and are learning from the recent past.
Fed Officials Are on the Defensive as High Inflation Lingers
Critics have accused the Federal Reserve of not reacting quickly enough to tame rising prices. On Friday, a Fed governor explained why it took so long.
Biden to Nominate Michael Barr as Fed Vice Chair for Supervision
Mr. Barr faced pushback from progressives when his name was floated for a different position.
Inflation Hits Fastest Pace Since 1981, at 8.5% Through March
Gasoline weighed heavily in the increases, while prices moderated in several categories. Some economists say the overall rate may have peaked.