Minutes from the Federal Reserve’s December meeting show that officials are contemplating when and how quickly to lift interest rates.
Author: Jeanna Smialek
Democrats Blast Corporate Profits as Inflation Surges
Politicians are placing more blame on greedy companies as prices stay high. But booming consumer demand is enabling firms to charge more.
PCE Index Probably Popped Again in November
The Personal Consumption Expenditures index is expected to confirm what other inflation measures have shown: Prices are coming in hot.
Lingering Virus, Lasting Inflation: A Fed Official Explains Her Pivot
Mary Daly, president of the Federal Reserve Bank of San Francisco, wanted to withdraw economic help slowly. Now, she might support a rate increase as soon as March.
Fed Could Raise Rates 3 Times in 2022, Speeds End of Bond-Buying
Federal Reserve officials suggested as many as three interest rate increases in 2022 as the economy heals and inflation persists.
Here’s Why Inflation Is Worrying Washington
Price gains have moved up sharply for months, but the fact that the trend is lasting and broadening has newly put policymakers on red alert.
As Omicron Threat Looms, Inflation Limits Fed’s Room to Maneuver
The central bank has spent years guarding against economic blows. Now it is in inflation-fighting mode, even as a potential risk emerges.
Inflation Sped up in October, Economists Expect
After moderating slightly in recent months, inflation is forecast to pick up again. That is bad news for President Biden and the central bank.
Fed Governor Quarles to Step Down in December
Mr. Quarles’s term as a governor could have stretched until 2032. His departure will give the Biden administration more room to remake the Fed.
Federal Reserve Announces Plan to Slow Bond Buying Program
The Federal Reserve is dealing with high inflation at a time when millions of workers remain on the job market’s sidelines.