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How Hard Should the Fed Squeeze to Reach 2% Inflation?
Business

How Hard Should the Fed Squeeze to Reach 2% Inflation?

The strategy the central bank adopts to fight the last mile of inflation has big, potentially painful implications for consumers, the markets and the economy.

Some Fed Officials Are Turning Cautious about Raising Rates Too High
Business

Some Fed Officials Are Turning Cautious about Raising Rates Too High

Central bank officials face a puzzle as inflation slows, but economic activity is firmer than anticipated. Source link

Rising Oil Prices Are Bad News for Drivers---and the Fed
Business

Rising Oil Prices Are Bad News for Drivers—and the Fed

America faces a familiar foe in its fight against inflation, with crude prices up more than 18% over the past month. Source link

America's Truckers, Cargo Pilots and Package Carriers Are Fed Up
Business

America's Truckers, Cargo Pilots and Package Carriers Are Fed Up

Inflation and resentment are stoking heightened labor activism, with FedEx pilots rejecting a union-brokered deal. Source link

Jobs Market Shows Signs of the Gradual Cooling the Fed Wants
Business

Jobs Market Shows Signs of the Gradual Cooling the Fed Wants

Employer demand for workers slipped slightly in June to its lowest level in more than two years. Source link

What Fed Hikes? Much of  Americans' Debt Is Still Riding Ultralow Rates
Business

What Fed Hikes? Much of Americans' Debt Is Still Riding Ultralow Rates

One reason the economy keeps humming: A huge chunk of consumer debt still carries low rates, including mortgages and auto loans made before 2022. Source

Why the Fed Isn't Ready to Declare Victory on Inflation
Business

Why the Fed Isn't Ready to Declare Victory on Inflation

Officials remain concerned about whether wages and price growth can slow enough without an economic downturn. Source link