Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.
Category: Inflation (Economics)
Inflation Is Slowing, Good News for American Consumers and the Fed
Consumer Price Index inflation moderated to 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
Inflation slowed last month thanks to cheaper fuel and airfares.
The Consumer Price Index slowed, climbing 6.5 percent in December, helping Fed officials to lean toward slower rate moves.
US Added 223,000 Jobs in December, a Slight Easing in Pace
The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.
Fed Officials Fretted That Markets Would Misread Rate Slowdown
Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from the Federal Reserve’s December meeting showed.
What TikTok Told Us About the Economy in 2022
From Barbiecore to revenge travel, social media trends gave us a clear picture of the forces reshaping the economy.
The Year the Long Stock Market Rally Ended
How fast inflation and high interest rates upended markets across the globe.
Retirees Are One Reason the Fed Has Given Up on a Big Worker Rebound
Workers are in short supply three years into the pandemic job market rebound, and officials increasingly think they aren’t coming back.
Federal Reserve Expected to Slow Rate Increases and Offer Hints at Future
Central bankers are still fighting inflation, but are poised to slow to a rate increase of half a percentage point at their final meeting of 2022.
Price Increases Cooled Notably in November as Inflation Began to Ease
Consumer Price Index data reinforces that inflation is beginning to cool down just ahead of the Federal Reserve’s December rate decision.