"We need to act decisively and affirmatively to get inflation under control," says Atlanta Fed president

Jun 17, 2022
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, on why he supports this week's rate hike.
Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, speaks at an event for the Rotary Club of Atlanta.
E. M. Pio Roda/Federal Reserve Bank of Atlanta

Inflation's a global problem. Curbing it may send some countries' economies into recession.

Jun 16, 2022
The U.S. economy might have an easier time achieving a "soft landing" than economies in Europe and elsewhere.
Europe has not yet reached pre-pandemic employment or output levels, and the ECB has signaled an interest rate hike next month. Above, the European Central Bank headquarters in Frankfurt, Germany.
Daniel Roland/AFP via Getty Images

Things are "awesome and amazing" at this Montana mall

Jun 16, 2022
Alana Ferko explains what's new at the Butte Plaza Mall.
Tim Boyle/Getty Images

Retail sales dip may be lined with silver

Jun 15, 2022
The slight decline from April to May could indicate a slowing economy — which the Federal Reserve is hoping for.
Justin Sullivan/Getty Images

We're saving less. Will we spend less?

Jun 14, 2022
After reaching a record high of nearly 34% early in the pandemic, the savings rate has dipped below its pre-pandemic level.
Travelers board a train in Washington, D.C. Partially fueled by pent-up demand for services, consumers are spending down their savings.
Drew Angerer/Getty Images

What the Beveridge curve tells us about the Fed's path to a “soft landing”

Jun 14, 2022
If you want to understand the challenge of slowing inflation without damaging the labor market, picture a skateboard ramp.
The Beveridge curve appears when you plot the relationship between unfilled jobs and unemployment — it shows how those two variables move together.
Photo by Mario Tama/Getty Images

For public good, not for profit.

Dealing with shifts in the steel market

Jun 14, 2022
"When you take out major players, anything that destabilizes the world economy affects steel, affects all of us," says Lisa Goldenberg, president of Delaware Steel Company.
The war in Ukraine and ongoing inflation may be negatively affecting the steel market.
David McNew/Getty Images

How is Gen Z managing its money?

Jun 14, 2022
Some graduated into a pandemic and are experiencing high inflation and market volatility. That's changing their approach to their finances.
From left, Tobi Plumpter, Guy DeWeever II, Emanuel Perez and Leah Smith, on the laptop screen, are part of an investing group of young Black professionals.
Nancy Marshall-Genzer/Marketplace

Some prices take longer than others to drop — and longer than inflation

Jun 13, 2022
Some essentials — notably food — may may maintain their price strength. Appliances and furniture may come down quicker.
Meat prices have climbed 14% from a year ago, and it may take a while for those price gains to slow.
Justin Sullivan/Getty Images