When grocery prices rise, it’s harder to fill your shopping cart.
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This trend may surprise you, given the attention the public, policymakers, politicians and the media paid to food insecurity at the height of the pandemic.
Dark skies ahead?
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Slowing job growth should come as no surprise.
Setting off fireworks at home looks like a pandemic trend in retrospect.
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Setting off fireworks at home was as much a pandemic trend as buying a Peloton.
Donald Trump appointed Jerome Powell as chair of the Federal Reserve. If returned to the White House, he may seek to replace him.
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Monetary policy can be wielded as a tool to boost an economy around election time, which explains why politicians want to have a say on it.
U.S. Federal Reserve Chair Jerome Powell speaks to reporters on June 12, 2024.
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The Federal Reserve is being characteristically cautious.
Headline inflation is cooling, too.
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Investors, homebuyers and central bankers all have reason to be irritated by the latest data, and inflation isn’t licked just yet. But the numbers also show reason for optimism.
Federal Reserve Chair Jerome Powell speaks to reporters on May 1, 2024.
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The Federal Reserve doesn’t appear eager to cut rates.
Florida Gov. Ron DeSantis and entrepreneur Vivek Ramaswamy debate the finer points.
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With Donald Trump absent again, Republican presidential hopefuls took potshots at each other but agreed that Bidenomics isn’t cutting it.
Federal Reserve Board Chair Jerome Powell is watching the data.
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News of a soft landing may be premature.
Time to press the stop button?
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The Fed said it’s pausing its aggressive rate-hiking campaign as it collects more data on the impact.
‘Surely we can avoid an economic crash? We can, but don’t call me Shirley!’
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The numbers seem to be going in the ‘right’ direction for the Fed to pull off a soft landing – and avoid a recession – but the picture remains murky.
Inching toward a recession .. but what kind?
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The Fed’s campaign of rate hikes is showing more signs of having the intended effect of slowing the economy – but that may be bad news for those who lose their jobs or have a harder time finding one.
A recession-free landing for the Fed may be harder now.
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The Fed’s decision to raise rates is likely to put more pressure on regional banks, which will make it harder to avoid a recession.
Fed chair Jerome Powell opted for a cautious approach on rates.
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The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
Just hold your nose and make a decision.
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Big interest rate hikes could cause more market turmoil, while doing too little could have the same effect.
Fed Chair Jerome Powell has a tricky job in balancing inflation fears with recession fears.
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The latest consumer prices report shows cost of living is still rising far above the Fed’s target. But don’t expect monetary policymakers to aggressively hike rates.
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The collapse of a US bank is the latest crisis for central banks to deal with. But rather than being saviours of the global economy, what if they are actually a big part of the problem?
Is strong hiring fanning the flames of inflation?
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The Fed has been trying to tame employment and wages to keep inflation in check. It ain’t working.
Data shows teacher pay never exceeds that of other college graduates.
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Teacher wages have risen little over the past few decades when adjusted for inflation.
Markets reacted positively to Fed Chair Powell’s acknowledging “disinflation” is happening.
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The Fed lifted its benchmark interest rate just 0.25 percentage point following a series of much more aggressive rate hikes in 2022.