Jeanna Smialek

Fed officials have made clear in public comments in recent days that they could be open to higher interest rates if inflation were to pick back up.
PERSPECTIVE

Why higher Fed rates are not totally off the table

Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that...

The recent inflation data does not “materially change the overall picture”, Fed chair Jerome said during a speech last week, even as he signalled that the central bank would be patient before cutting rates.
WEALTH & INVESTING

Higher for longer after all? Investors see Fed rates falling more slowly

INVESTORS were betting big on Federal Reserve rate cuts at the start of 2024, wagering that central bankers would lower interest rates...

The sub-generation of today's 32 and 33-year-olds faced its first real economic scramble in 2008 and 2009, when its members graduated from high school and, in many cases, tried to go to college.

‘Peak millennials’: Life at the crest of a demographic tsunami

I have covered economics for 11 years now, and in that time, I have come to the realisation that I am a...

Inflation has begun to cool meaningfully, but unemployment remains historically low at 3.6 percent and hiring has been robust.

Soft landing optimism is everywhere. That’s happened before

IN LATE 1989, an economic commentary newsletter from the Federal Reserve Bank of Cleveland asked the question that was on everyone’s mind after a...