America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes next.
Category: Interest Rates
U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter
The continued growth in the fourth quarter showed the resilience of consumers and businesses in the face of rising inflation and interest rates.
The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.
Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.
After a Burst of New Businesses, a Cooling Economy Intrudes
The pandemic has brought a boom in entrepreneurship, but higher interest rates, a chill in venture capital and fears of recession now pose obstacles.
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.