Ben Casselman and Jeanna Smialek
Posts
Income and Spending Rose Less Than Prices in May
After the latest monthly consumer data, some analysts expect a second straight quarter of decline in the U.S. gross domestic product.
Spike in Inflation Reignites Debate on Price Controls
A discussion over whether price controls would work to stem inflation is sweeping progressives. So far, it has little political acceptance.
A Top Official Says the Fed Will ‘Grapple’ With a Faster Bond-Buying Taper
The president of the New York Federal Reserve said Omicron could prolong supply and demand mismatches, causing some inflation pressures to last.
A Top Official Says the Fed Will ‘Grapple’ With Faster Bond-Buying Taper
The president of the New York Federal Reserve said Omicron could prolong supply and demand mismatches, causing some inflation pressures to last.
Poverty in the U.S. Declined Thanks to Government Aid, Census Report Shows
Taking into account government benefits, a smaller share of the population was living in poverty in 2020 even as the pandemic eliminated millions of jobs.