In March, talk of victory was in the air. Now, maintaining unity against President Vladimir V. Putin is looking harder, with President Biden heading to Germany and Spain to rally Europe.
Vladimir V. Putin is making gains in his war on Ukraine while the United States and its allies struggle with soaring energy prices and inflation.
Recessions since World War II have lasted just over 10 months each, on average. The last one, which began in 2020, lasted just two months.
Central banks had a longstanding playbook for how inflation worked. In the postpandemic era, all bets are off.
The Fed mustn’t get bullied into excessive harshness.
The president is trying to balance his campaign promise to cancel thousands of dollars in student debt for tens of millions of borrowers with concerns such a move would be seen as a handout.
New research suggests the answer is yes, in part.
Home sales are flagging and the rest of the economy is expected to slow, maybe sharply, as rates increase. Why is the Federal Reserve doing this?
With landlords facing higher costs for property maintenance, a rent regulation panel approved some of the largest increases for rent-stabilized units in nearly a decade.
The fundamentals behind low interest rates haven’t gone away.
Another crypto myth bites the dust.
No single country can solve the problem of rising food and fuel costs.
The selling was fueled by persistently high inflation and fears that the Fed’s efforts to tame it with higher interest rates will choke growth.
Its fight against inflation could very well cause a recession.
Inflation is expected to remain high later this year even as the economy slows and layoffs rise. Already, signs of financial stress are surfacing.
By trying to tame inflation, some commentators say, the Federal Reserve could bring about a recession — just as an unrepentant Donald Trump appears to be eyeing another White House bid.
At a critical moment in the war, Russia is strategically reducing gas flows to drive up prices and hurt European economies already reeling from high inflation.
The climb in mortgage rates, coupled with skyrocketing home prices, has eroded what prospective home buyers can afford.
Inflation is reaching deeper into the British economy, the bank said, as businesses raise prices and workers seek higher pay.
The U.S. has been in recession 14 percent of the time since World War II. But being prepared can minimize hardship and even offer investing opportunities.
Central bankers raised interest rates by three-quarters of a percentage point, and signaled that they expect rates to be sharply higher by the end of the year.
A 75-basis-point increase, along with the will to tackle inflation aggressively, would shore up the bank’s shaky credibility.
Investors appeared mostly unsurprised by the Federal Reserve’s announcement of a large rate increase, with the S&P 500 closing up 1.4 percent.
Can the Federal Reserve and the White House tamp down inflation without sending the U.S. economy into a recession?
What a climate of fiscal constraint means for the populist and the socialist left.
While lifting some levies on China is unlikely to put a large dent in inflation, administration officials concede they have few other options to address surging prices.
The central bank has hoped to cool down the economy without pushing unemployment much higher. Stubborn inflation narrows that path.
We look at whether “greedflation” is causing higher prices.
The Federal Reserve has the tools that it needs. Now it should use them.
Steep downturns of stocks by 20 percent or more are relatively rare, but how long they last could portend damage — for you and the economy.
Supply chain issues have hit tampons, and inflation has driven up prices. Here’s why there’s a shortage — and what you can do if you run out.
Central bankers had signaled that they would raise rates by half a point if data shaped up as expected. Inflation is instead running hotter.
There have been several instances of near-bear markets in recent decades, but it’s rare for them to hit the threshold.
But we do have a few suggestions.
The Fed continues to evade accountability for inflation.
The Fed continues to evade accountability for inflation
Inflation is a tricky problem, but it has a few clear causes and consequences, and policymakers are working to bring it to heel.
If you aren’t taking risks, you aren’t doing your job.
The Consumer Price Index picked up by 8.6 percent, as price increases climbed at the fastest pace in more than 40 years.
Investors and economists had expected to see some moderation in inflation. Instead, prices accelerated again in May, delivering an unwanted surprise.
The visit to the nation’s busiest entry point for goods comes as President Biden struggles to show progress on resolving supply chain issues that are fueling inflation across the country.
At last, interest rates for money market funds have started to rise. But inflation means that in real terms, you’re still losing money.
Inflation is upending voter confidence and posing a glaring political liability that looms over the Biden administration’s major policy decisions.
Higher prices plus a labor shortfall plus a national economic contraction make it hard to plan for the future.
Progressives are rediscovering the law of unintended consequences.
Global economic growth will be choked as war, inflation and ongoing supply chain problems take a toll.
The economist makes his case for universal inheritance, worker ownership and ‘participatory socialism.’
The Treasury secretary’s recent comments about rising prices have put the Biden administration on the defensive.
The strong job market may be about to take a turn for the worse. That could come to haunt those who made choices based on today’s conditions.
The Labor Department reported 390,000 new jobs in May, as policymakers try to ease inflation without inducing a recession.