Federal Reserve officials on Wednesday slowed their campaign to cool the economy but indicated that interest rates would rise higher in 2023 than previously...
Economic policymakers are razor focused on inflation expectations after more than a year of rapid price increases. Consumers explain how they’re thinking about rising...
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...
Prices for groceries, couches and rent are all climbing rapidly, and Federal Reserve officials have been warily eyeing that trend.On Wednesday, they took their...
Jason Furman, an economist at Harvard University, said many forecasters had been doing what investors sometimes refer to as “pricing to perfection”: assuming that...