The S&P 500 SPX, +0.28% snapped a five-session losing streak on Tuesday, after Federal Reserve Chairman Jerome Powell vowed the central bank would use its “tools” to get inflation under control wi...
Tag: economic performance
Why 7% Inflation Today Is Far Different Than in 1982
Consumer price inflation in December, at 7%, was last this high in the summer of 1982. That’s about all the two periods have in common. Today, the inflation rate is on the rise. Back then, it was fall...
Nasdaq Composite ends 3 percentage points from correction, as investors react to Fed, Friday’s jobs report
U.S. stocks ended lower Friday, in a turbulent session that concluded with all three major benchmarks suffering weekly declines, following a monthly jobs report whose headline figure came in far below...
Forget Fed Rate Hikes. How It Handles Its $9 Trillion in Assets Is What Really Matters.
Federal Reserve Board Chairman Jerome Powell, shown late last year at a House hearing, faces some big policy decisions this year. Brendan Smialowsky/AFP/Getty Images Text size If there is one takeaway...
Why Inflation Won’t Be Driving Markets in 2022—And What Will Be
About the authors: Larry Hatheway and Alex Friedman are the co-founders of Jackson Hole Economics, and the former chief economist and chief investment officer, respectively, of UBS. As the New Year co...
Worried About Inflation? Check Out This 7% Treasury Savings Bond.
Text size The Treasury Building Chip Somodevilla/Getty Images One of the best deals for savers now are Treasury Series I savings bonds now paying a 7.12% interest rate. The savings bonds, available el...