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Why Central Bankers Are Unsure Whether They've Raised Rates Enough
Business

Why Central Bankers Are Unsure Whether They've Raised Rates Enough

At Jackson Hole, they expressed an uneasy optimism about whether rates have reached a summit in the battle against inflation. Source link

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.

Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate
Business

Why Child-Care Prices Are Rising at Nearly Twice the Overall Inflation Rate

Providers are boosting tuition as their costs rise and federal aid ends, straining some families’ finances. Source link

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

U.K. Inflation Slows, but Still a Worry
Business

U.K. Inflation Slows, but Still a Worry

The annual rate of inflation slowed but it may not be falling fast enough to convince the Bank of England to pause interest rate increases.

Russia Launches Emergency Rate Rise to Stem Economic Turmoil
Business

Russia Launches Emergency Rate Rise to Stem Economic Turmoil

The central bank raised rates by 3.5 percentage points to stem a sharp selloff in the ruble, a response to the mounting financial costs of

CFOs Are More Optimistic on Side-Stepping a Recession
Business

CFOs Are More Optimistic on Side-Stepping a Recession

Costs remain a concern, but a strong labor market and moderating inflation have assuaged finance chiefs’ worst economic fears. Source link

Inflation, and Housing Costs, Are Set to Turn a Corner
Business

Inflation, and Housing Costs, Are Set to Turn a Corner

Cooling house prices and rents could tamp down inflation in coming months, nudging the Federal Reserve to pause or even reverse rate increases. Source link