Jeanna Smialek
Posts
Fed Minutes Show Officials Were Wary About Inflation at May Meeting
Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting suggested.
Rent Is Harder to Handle and Inflation Is a Burden, a Fed Financial Survey Finds
The Federal Reserve’s 2023 survey on household financial well-being found Americans excelling in the job market but struggling with prices.
Inside the Rent Inflation Measure That Economics Nerds Love to Hate
The Consumer Price Index inflation measure accounts for housing costs in a complicated way. There are reasons for it.
Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Jerome H. Powell, the Federal Reserve chair, said that the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.
Why Higher Fed Rates Are Not Totally Off the Table
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have...
The Fed Is Looking for a Job Market Cool-Down. It Just Got One.
Wage growth and hiring slowed in April, prodding investors to slightly increase their bets on rate cuts this year.
The Fed Is Looking for a Job Market Cool-Down. It Just Got One.
Wage growth and hiring slowed in April, evidence of the job market slowdown that Federal Reserve officials have been waiting on.
The Fed Is Eyeing the Job Market, but It’s Difficult to Read
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different stories.
Fed Holds Rates Steady, Noting Lack of Progress on Inflation
The Federal Reserve left interest rates unchanged for a sixth straight meeting and suggested that rates will stay high for longer.
The Fed Tries to Steer Clear of Politics, But Election Year Is Making It Tough
Economists are wondering whether political developments could play into both the Fed’s near-term decisions and its long-term independence.