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Inflation Is Cooling. Food Inflation Could Get Worse.
Food prices have been rising rapidly for longer than central bankers had expected, and recent setbacks may prolong the agony. Source link
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
While Everyone Else Fights Inflation, China's Deflation Fears Deepen
Signs of deflation are becoming more prevalent across China, heaping extra pressure on Beijing to reignite growth or risk falling into an economic trap it
Why the Drivers of Lower Inflation Matter
Competing effects of central banks, healing supply chains affect recession odds. Source link
How the U.S. Economy Is Sticking the Soft Landing
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Bernanke Tapped to Find Out Why U.K. Central Bank Misjudged Inflation
The appointment of the former Fed chair is one of the first steps taken by a leading central bank to understand why they underestimated a
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
U.S. Economic Growth Accelerates
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher rates. Source link