Fed
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Business
Wages and Prices Slow Unevenly, Reflecting ‘Rocky and Bumpy’ Economy
Key pay and inflation gauges have stayed stubbornly high as Federal Reserve officials consider when to stop raising interest rates.
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Business
Strong hiring hints at more work ahead for the Fed, but wages cool.
Federal Reserve officials have said that they are looking for the labor market to cool as they assess how much…
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Business
What to Watch at the Fed’s First Meeting of 2023
The central bank is expected to lift interest rates and offer signals about what might come next.
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Business
Smaller Rate Increase by Federal Reserve Likely as Inflation Cools
America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes…
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Business
The Week in Business: Creeping Layoffs
Credit...Giacomo BagnaraWhat’s Up? (Jan. 22-28) Job Cuts, and Not Just in Tech What began as a wave of ominous job…
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Business
Fed President Backs Slowdown as Support Mounts for Smaller Rate Move
Susan M. Collins, president of the Federal Reserve Bank of Boston, said she was leaning toward a quarter-point move at…
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Business
Fed Officials Ask How to Better Understand Inflation After Surprises
Federal Reserve officials, including Lisa Cook, a board member, are wrestling with how to think about price increases after 18…
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Business
Markets Rise as Investors Like the Look of Hiring and Wage Trends
For investors and policymakers, bad news may be good news when it comes to the latest data on the health…
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Business
Fed Officials Fretted That Markets Would Misread Rate Slowdown
Central bankers remained committed to wrestling inflation lower, and wanted to make sure investors understood that message, minutes from its…
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Business
Fed Official Compares Inflation to Uber Surge Pricing
Neel Kashkari, the president of the Minneapolis Fed, kicked off 2023 monetary policy debates with a call for better understanding…