Jeanna Smialek and Ben Casselman
Posts
Fed officials may be encouraged by the labor data.
Policymakers are looking for signs that interest rate increases are cooling off the labor market, affecting wages, purchases and ultimately prices.
In an Unequal Economy, the Poor Face Inflation Now and Job Loss Later
Americans with low incomes are pulling back from buying even as their richer counterparts keep spending — with potentially big consequences.
Inflation Expected to Remain High Even as Economy Slows and Layoffs Rise
Inflation is expected to remain high later this year even as the economy slows and layoffs rise. Already, signs of financial stress are surfacing.
Rapid Inflation, Lower Employment: How the U.S. Pandemic Response Measures Up
The United States spent more on its policy response than other advanced economies. Now economists are revisiting how that worked.
High Inflation Could Persist as Wages Continue to Rise
Economists hoped that as households shifted spending back to services, price gains would cool. That effect might be less pronounced now.
Biden's Economy Is Surging but Voters Still See Gloom
President Biden is suffering in the polls as high inflation saps confidence in the economy, even as growth comes in strong.
The Fed’s Favorite Price Index Rose 4 Percent. What Comes Next?
The Federal Reserve’s inflation gauge popped in June from the prior year. Economists think it will begin to moderate.
The Fed’s Favorite Price Index Rose 4 Percent. What Comes Next?
The Federal Reserve’s inflation gauge popped in June from the prior year. Economists think it will begin to moderate.
The Fed’s favorite price index rose again in June, as consumer spending came in strong.
The Personal Consumption Expenditures index popped 4 percent in June from the prior year. Economists think it will begin to moderate.