Jeanna Smialek
Posts
Inflation's Worldwide Surge May Be a Good Sign
Inflation has surged across advanced economies. The shared experience underlines that price gains come from temporary drivers — for now.
Wage gains remained strong in August as hiring slowed.
Average hourly earnings increased rapidly, including for leisure and hospitality workers, even as job gains fell short of expectations.
August Jobs Report is Concerning News for Fed
The Federal Reserve has said it is conditioning its policy decisions on the job market. That makes the August data a point of concern.-
Why Would an Economist Ever Look on the Bright Side?
For Wall Street, and the dismal science as a whole, trouble is around every corner even as the economy booms.
The Pandemic Is Testing the Federal Reserve’s New Policy Plan
Year 1 of the Fed’s framework, unveiled at its Jackson Hole conference in 2020, has included high inflation and job market healing. Now comes the...
Fed Minutes July 2021: Officials Debated Timing of Taper
Minutes from the Federal Reserve’s July 27-28 meeting showed that “most” officials “judged that the standard set out in the committee’s guidance regarding asset purchases...
The Wedding Business Is Booming, a Short-Term Jolt to the Economy
Frantic caterers, $200,000 weekends: The wedding industry is on fire, bringing spending, and bottlenecks.
July C.P.I. Report: What to Expect
The Labor Department will release the Consumer Price Index at 8:30 a.m., and Wall Street will be watching a few key categories.
Consumer Inflation Expectations Ticked Up, a Fed Survey Shows
The rise in the longer-term price gauge was small, but it comes at a time when Fed officials are closely watching such metrics.
Will cutting off federal unemployment benefits shake up the job market?
Economists will dig through Friday’s labor data for signs that people went back to work as they lost emergency pandemic aid in some states.