How Inflation Is Altering People’s Behavior
Americans are suffering from sticker shock.With inflation running at 8.6 percent, its…
U.S.-Led Alliance Faces Frustration, and Pain of its Own, Over Russia Sanctions
WASHINGTON — Four months into the war in Ukraine, the countries aligned…
Fed Confronts a ‘New World’ of Inflation
Federal Reserve officials are questioning whether their longstanding assumptions about inflation still…
Inflation Complicates Biden’s Deliberations on Student Loan Forgiveness
WASHINGTON — The soaring cost of food, gasoline and other staples is…
Inflation Expected to Remain High Even as Economy Slows and Layoffs Rise
“The hunger of children is not a necessary cost to pay to…
A Recession Would Hurt Democrats. Some Warn It’d Also Hurt Democracy.
Jerome Powell, the chairman of the Federal Reserve, made the understatement of…
As European Leaders Visit Kyiv, Putin Cuts Their Gas Supply
BERLIN — As the leaders of Europe’s three biggest economies appeared in…
The Fed Raises Interest Rates by 0.75 Percentage Points to Tackle Inflation
The Federal Reserve took its most aggressive step yet to try to…
Fed Set to Lift Rates as ‘Soft-ish Landing’ Becomes a Harder Sell
Federal Reserve officials are meeting this week with one major goal in…