Federal Reserve officials on Wednesday slowed their campaign to cool the economy but indicated that interest rates would rise higher in 2023 than previously...
A surprisingly robust June employment report reinforced that America’s labor market remains historically strong even as recession warnings reach a fever pitch. But that...
A recent analysis from Square, the technology company, quantified the “lunchflation” that workers like Ms. Jacobson were facing. The average price of wraps last...
Want an optimistic take on the troubling January inflation report? Look at what’s happening with cars.Want a pessimistic take? Look at what’s happening with...
Whether the 2021 price burst teaches households to expect higher inflation going forward is critically important. From the Fed’s perspective, there is a risk...
In the longer term, the (sometimes contested) theory goes, high inflation can become entrenched if workers begin to expect it and can successfully negotiate...