[ad_1] Most of Wall Street thinks inflation has been conquered. There is a lot at stake if they are wrong. Encouraging inflation data recently propelled a big rally across markets,…
Tag: inflation figures
Why Biden Touts Jobs When Americans Care About Prices
[ad_1] WASHINGTON—President Biden likes to talk about “jobs, jobs, jobs” when touting his economic record. The problem is that voters are far more worried about prices, prices, prices. The disconnect…
Outsize Profits Helped Drive Inflation. Now Consumers Are Pushing Back.
[ad_1] Extraordinary corporate profits were a driving force in last year’s surge in inflation, a pressure that is now easing rapidly as customers push back. Across industries and regions, there…
Fed’s Interest Rate Hikes Are Probably Over, but Officials Are Reluctant to Say So
[ad_1] Updated Dec. 1, 2023 1:43 pm ET Federal Reserve officials are increasingly confident that they don’t need to keep raising interest rates to defeat inflation. But they aren’t ready…
Inflation’s Cooldown Gives the Fed Leeway
[ad_1] Nov. 30, 2023 11:29 am ET Sit down while you’re reading this: Fed policy makers made a dud prediction about how much inflation would cool at the tail end…
German Inflation Fell More Than Expected in November on Tumbling Energy Prices
[ad_1] German inflation fell more than expected in November on lower energy prices, reaching its lowest level since June 2021. Consumer prices were 3.2% higher in November than the same…
Australia’s Monthly Inflation Rate Undershoots Expectations
[ad_1] SYDNEY—Australia’s monthly inflation indicator came in well below expectations in October, offering some assurance that price pressures are easing across the economy after a spike up in the third…
RBA Governor Bullock Says Hardest Part of Inflation Fight Still Ahead
[ad_1] Nov. 22, 2023 3:39 am ET|WSJ Pro SYDNEY—The Reserve Bank of Australia’s battle to tame inflation will be slow and drawn out, with the hardest part set to take…
The Fed Wants More Evidence Before Changing Rate Stance
[ad_1] Federal Reserve officials were unwilling to conclude they were done raising interest rates when they decided earlier this month to extend a pause in rate increases. But minutes of…
Canada Inflation Continues to Ease to 3.1% in October
[ad_1] Updated Nov. 21, 2023 9:02 am ET OTTAWA—Inflation in Canada again cooled in October as prices at the pump dropped, adding weight to expectations that the central bank’s aggressive…