Tag
Even though inflation has subsided, interest rates are heading down, and the labor market is loosening up, many business owners say the problems that emerged over the last few years haven’t gone away.
The job market is still tilted in workers’ favor.
The PCE index could come in at the central bank’s much-vaunted target of 2% inflation.
The September rate cut raised hopes for a sturdy labor market into next year and beyond. The effect on jobs, though, may take time.
The 10-year note is around the highest level since July. Traders expect mild but persistent inflation to restrain Federal Reserve rate cuts.
Austan Goolsbee talks about the Fed’s timing in moments of transition, if COVID is still affecting the economy, and why he’s a “data dog.”
The September CPI showed inflation slowing to 2.4% annually, but consumer sentiment hasn’t yet rebounded to pre-pandemic levels.
Generally once prices rise, they don’t go back down.
A lot has happened in monetary policy since the last time the Federal Reserve updated its long-term strategy goals.
Yes, according to critic Blake Gopnik. When the market was thriving, he says, “the art was just unbelievably terrible.”