The continued growth in the fourth quarter showed the resilience of consumers and businesses in the face of rising inflation and interest rates.
Tag Archives: Interest Rates
Inflation Is Cooling, Leaving America Asking: What Comes Next?
After six months of declines, inflation seems to be turning a corner. But the road back to normal is an uncertain one.
Is Bitcoin Replacing Gold? Maybe It’s Exactly the Opposite.
Are traditional pet rocks making a comeback?
Price Gains Ease in Europe but Core Inflation Keeps Policymakers ‘Up at Night’
Declines in overall inflation rates may bring comfort to consumers, but central bankers are still wary of drivers of persistently high prices.
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.
Lower Inflation Presents the Fed with a Paradox
The fact that consumer prices fell isn’t entirely a good thing for the Federal Reserve.
Investing When Your Time Horizon Is Short
Cut back on stock and bond holdings, and focus on money market funds, C.D.s, Treasury bills and other options that are now offering high yields, our columnist says.
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.
The U.S. May Finally Breach the Debt Ceiling. Here’s Why That Would Be Very Bad.
If Congress fails to increase the government’s borrowing limit in time, the result would be a shock to the economy and financial markets.
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.
Markets Rise as Investors Like the Look of Hiring and Wage Trends
Traders are betting that a slowdown in job growth and wage gains could reduce the pressure on prices and make the Federal Reserve less aggressive in raising interest rates.
Eurozone Inflation Eases on Lower Energy Prices
The rate of price increases in countries using the euro slowed to 9.2 percent in December, down from 10.1 percent a month earlier.
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 its December meeting showed.
Fed Official Compares Inflation to Uber Surge Pricing
Neel Kashkari, the president of the Minneapolis Fed, kicked off 2023 monetary policy debates with a call for better understanding of what causes inflation.
Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos
Automakers have been hampered by the supply of semiconductors and higher interest rates.
Why Japan’s Sudden Shift on Bond Purchases Dealt a Global Jolt
The world has relied on ultralow interest rates in Japan. What will happen if they rise?
Low-Down-Payment Mortgages: Your 2023 Guide
Facing high interest rates and home prices, some buyers have only a small down payment to offer. But they still have plenty of options.
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.
Stocks Have Their Worst Year Since 2008
How fast inflation and high interest rates upended markets across the globe.
What to Expect in 2023’s Housing Market
In the year ahead, the housing market may be slow to start, with home prices, rents, inventory and interest rates not moving much at all, according to economists, analysts and real estate brokers.
The Year the Long Stock Market Rally Ended
How fast inflation and high interest rates upended markets across the globe.
Why It’s Hard to Predict What the Economy Will Look Like in 2023
Years into the pandemic, it is still difficult to get a handle on what comes next for the economy by looking at examples from the past.
European Central Bank Raises Rates Half a Point, Moderating Its Pace
But the bank warned that interest rates would “still have to rise significantly” to tame inflation.
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.
Federal Reserve 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.
Inflation Cooled Notably in November, Good News for the Fed
Consumer Price Index data reinforces that inflation is beginning to slow down just ahead of the Federal Reserve’s December rate decision.
Stocks soar as investors welcome signs of cooling inflation.
The slowdown in price gains in November provided Wall Street with a strong indication that the Federal Reserve could slow down interest rate increases.
Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?
Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.
Skyrocketing Prices in Turkey Hurt Families and Tarnish Erdogan
Annual inflation is around its highest level in decades, devaluing salaries and devouring savings less than a year before President Recep Tayyip Erdogan runs for re-election.
U.S. Job Growth Remains Strong, Defying Fed’s Rate Strategy
Employers added 263,000 workers in November, even as some industries showed signs of a slowdown. Wage growth exceeded expectations.
The Atlantic Divide
The rising cost of living can look very different depending on where you live.
Powell says that rates will rise more and remain high ‘for some time.’
The Federal Reserve chair said the central bank will keep lifting rates to control price increases, and played down a recent cooling in inflation.
Markets Rise as Powell Signals Slowdown in Pace of Rate Increases
In his final public remarks before a crucial Fed meeting, the central bank’s chair said the time to moderate rate increases could come as soon as December.
Inflation in Eurozone Slows as Energy Prices Ease, but Officials Remain Wary
Consumer prices rose at an annual rate of 10 percent in November, down from 10.6 percent a month earlier, the first decline in 18 months.
A Holiday Season Divided by Inflation and Economic Struggles
Even if policymakers achieve a gentle economic slowdown, it won’t be smooth for everyone.
Fed Officials Discussed Slowing Interest Rate Increases ‘Soon’
The central bankers discussed the need to slow rate increases soon at their last meeting, while signaling that they are likely to raise borrowing costs higher.
Are the Federal Reserve’s Rate Increases Working?
The Fed’s campaign to slow the economy is gradually taking hold, but officials have been particularly surprised by the job market’s resilience.
A New Source of Economic Anxiety in Britain: Soaring Mortgage Rates
After more than a decade of ultralow interest rates, millions of British households suddenly face large jumps in their monthly payments, rocking the nation’s already weak economy.
Inflation in Britain Reaches 11.1 Percent, Led by Energy Costs
Prices in October rose at the fastest rate in more than 40 years, deepening the country’s cost-of-living crisis.
Stocks Jump on Hopes of Lower Inflation
Lower-than-expected data on wholesale prices and resilient earnings from retailers were cheered by investors.
First-Time Buyers Face a Brutal Housing Market
Unable to compete against older buyers with cash offers, younger potential buyers feel like they are never going to own a house.
As the Fed Raises Rates, Worries Grow About Corporate Bonds
Executives, analysts and bond traders are all wondering if corporate finance is about to unravel as interest rates rise.
U.S. Added 261,000 Jobs in Strong Showing
Job growth is slowing but remains stronger than comfortable for the Federal Reserve, which is trying to tame high inflation.
Workers Expect Fast Inflation Next Year. Could That Make It a Reality?
The Federal Reserve chair is eyeing near-term inflation expectations, which might shape wages — and help keep prices rising rapidly.
The Housing Market Is Worse Than You Think
Buyers, sellers and renters are in for more twists and turns, as soaring mortgage rates and stubborn inflation signal belt tightening ahead.
Older, White and Wealthy Home Buyers Are Pushing Others Out of the Market
The share of first-time buyers fell to 26 percent, plummeting to the lowest level in four decades, when a real estate trade association began tracking such data.
The Job Market’s Cues
Two measurements tell two stories about the strength of U.S. employment.
Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.)
Lenders use several bits of data to set mortgage rates, including trading moves by investors. Without market volatility, the rate could be under 7 percent.
Bank of England Is Set to Raise Rates After U.K. Political Turmoil
An increase of three-quarters of a point is expected as the central bank meets on Thursday for the first time since Liz Truss resigned as prime minister.
Fed Ushers In Fourth Jumbo Increase in Interest Rates to Fight Inflation
The Federal Reserve has now raised interest rates six times this year as it tries to quash the fastest inflation in four decades.