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Inflation

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Federal Reserve chair Jay Powell will not be able to avoid a recession, predicts Deutsche Bank.
Finance
Deutsche Bank’s top minds put U.S. recession chance near 100%—and say avoiding a hard landing would be ‘historically unprecedented’ 
By Christiaan HetznerJune 15, 2023
Jerome Powell
Finance
Jerome Powell sounds ultra-cautious as he takes his foot off the hike machine: ‘We want to get inflation down to 2%, and we just don’t see that yet’
By Christopher Rugaber and The Associated PressJune 14, 2023
Jerome Powell
Finance
The Fed’s summertime pause on interest rates could easily turn into a permanent vacation
By Ryan Herzog and The ConversationJune 14, 2023
The same bank strategist who warned that greedflation could be ‘the end of capitalism’ is still worried, saying he ‘can find no precedent in history’ for what’s happening
Finance
The same bank strategist who warned that greedflation could be ‘the end of capitalism’ is still worried, saying he ‘can find no precedent in history’ for what’s happening
By Will DanielJune 14, 2023
Jerome Powell
Finance
Fed keeps key interest rate unchanged after 10 straight hikes—but it might raise it 2 more times later this year
By Christopher Rugaber and The Associated PressJune 14, 2023
Jerome Powell
Finance
The Fed is likely to ‘skip’ and not ‘pause’ a rate hike because Jerome Powell can’t get his 18-member committee to agree
By Christopher Rugaber and The Associated PressJune 14, 2023
Jerome Powell
Finance
Inflation metrics keep dropping, as wholesale prices drop 0.3% in May
By Paul Wiseman and The Associated PressJune 14, 2023
Young woman walking dogs
Personal Finance
America has failed millennials so badly they’re turning to $1,000-per-month side hustles to make ends meet
By Chloe BergerJune 13, 2023
Is falling inflation a ‘feather in the cap for the Fed’ or a false dawn? That depends on which economist you ask
Finance
Is falling inflation a ‘feather in the cap for the Fed’ or a false dawn? That depends on which economist you ask
By Will DanielJune 13, 2023
After almost tripling in price in recent months, the cost of eggs just fell the most of any year since 1951
Personal Finance
After almost tripling in price in recent months, the cost of eggs just fell the most of any year since 1951
By Chris MorrisJune 13, 2023
CPI
Finance
Inflation cools in May to slowest pace in over 2 years
By Christopher Rugaber and The Associated PressJune 13, 2023
U.S. workforce data is behind the times. It’s time to measure what matters most to the American people
Commentary
U.S. workforce data is behind the times. It’s time to measure what matters most to the American people
By Rachel Korberg and Jenny WeissbourdJune 12, 2023
J.P. Morgan's Bob Michele manages $700 billion in investments.
Finance
JPMorgan’s Bob Michele manages $700 billion—and today’s bull run reminds him of the calm before the Lehman collapse
By Christiaan HetznerJune 12, 2023
Inflation hawk Larry Summers says the U.S. economy is still ‘very, very hot’ and warns of ‘pockets of distress’ in commercial real estate
Finance
Inflation hawk Larry Summers says the U.S. economy is still ‘very, very hot’ and warns of ‘pockets of distress’ in commercial real estate
By Nicholas GordonJune 12, 2023
Record revenues but plummeting profits: The Fortune 500 is trying to tell us something about the state of the economy
Finance
Record revenues but plummeting profits: The Fortune 500 is trying to tell us something about the state of the economy
By Will DanielJune 10, 2023
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