Fed
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Finance
Europe’s Fed Problem
The European Central Bank is widely expected to cut interest rates on Thursday. But how low it can go may…
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Finance
Fed Minutes Show Officials Were Wary About Inflation at May Meeting
Federal Reserve policymakers were still willing to raise rates if the economy surprised them, notes from their most recent meeting…
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Finance
Why Higher Fed Rates Are Not Totally Off the Table
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the…
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Finance
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.
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Finance
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday,…
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Finance
Powell Suggests Interest Rates Could Stay High for a Longer Period
The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of…
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Opinion
Our Inability to Predict Inflation Is an Embarrassment to Economics
We were surprised when inflation rose. We were surprised when inflation fell. And we were surprised again when inflation stopped…
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Finance
Biden’s Plan B on Inflation: Turn It Against Trump
Price pressures aren’t easing fast enough to guarantee the interest-rate cuts the president hoped to see by November, so his…
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Finance
Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.
Stubborn inflation and strong growth could keep the Federal Reserve wary about interest rate cuts, eager to avoid adding vim…
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U.S.
Another Red-Blue Divide: Money to Feed Kids in the Summer
The governor was firm: Nebraska would reject the new federal money for summer meals. The state already fed a small…