Bank of Japan’s Interest Rate Moves and the Record Price of Gold
Welcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all...
True inflation may have peaked in late 2022 — at 18% — and still hovers around 8%
“Consumer borrowing costs in the U.S. have skyrocketed, but the CPI doesn’t count this. ” There are widely divergent perspectives between Wall Street, where exuberance...
How Stalling Inflation Data May Concern The Fed And Affect Rate Cuts
Federal Reserve Board Chair Jerome Powell speaks during a news conference about the Federal … [+] Reserve’s monetary policy at the Federal Reserve, Wednesday, Jan....
Economists see brighter outlook for 2024. Here’s why.
The U.S. economy is having what some experts are calling a “Goldilocks” moment. A panel of economists expect this year to be characterized by faster...
How Can Spending Be Up When People Feel Down?
Updated Dec. 27, 2023 12:00 am ET According to the Misery Index, Americans shouldn’t be all that miserable. But they might only recently have started...
Inflation Report to Show Fed’s Battle Is Now All But Complete
The US inflation outlook was already steadily improving in recent months, but last week, right in the middle of the Federal Reserve’s two-day policy meeting,...
Federal Reserve’s ‘Last Mile’ of Inflation Fight Will Be No Cakewalk
September 11, 2023 at 5:00 AM EDT All eyes this week will be on the release of the US consumer price index for August on...
Strategist who loves challenging consensus sticks by call for 8% fed-funds rate
Dominique Dwor-Frecaut, a former associate with the New York Fed and outlier from the rest of the financial-market pack, is standing by a bold call...
Stressed-Out Americans Plan to Buy Fewer Christmas Gifts, Donate Less to Charity
Inflation is souring the holiday season, a crucial time when companies, charities and nonprofits typically collect their biggest haul of the year. “I can’t give...
Americans Cautious About Spending as Holiday Season Nears
U.S. consumers appear to be approaching the holiday season somewhat cautiously, according to The Conference Board. The private research group’s Holiday Spending Survey found consumers...