Closely watched gauges of long-term Eurozone and UK price pressures sink as growth worries mount
Boston Federal Reserve president says central bankers must now shift focus from inflation to jobs too
Plus gold miners and job report revisions
July meeting minutes show ‘vast majority’ of policymakers thought move to lower borrowing costs was ‘appropriate’
The Federal Reserve has brought down inflation but must now steer the economy away from recession
US rate-setter challenges fears of recession as global policymakers prepare for Jackson Hole meeting
Support for homebuyers and crackdown on price gouging designed to win over inflation-weary voters
Investors have worried that lacklustre consumer results and a weakening labour market signalled a slowdown
And the US consumer
FOMC voting member Raphael Bostic warns central bank officials must also beware jobs market
An intensification of the trade war with China would come on top of price pressures and high interest rates
July’s figure comes as Federal Reserve considers cutting interest rates in September
First drop below 3% since 2021 comes as Federal Reserve considers cutting interest rates in September
The question is whether we judge their words seriously or literally
More than $66bn has poured into fixed-income funds since start of July
This week’s Big Question asks readers: will the world’s largest economy still achieve a soft landing despite rising unemployment?
Disney theme parks, Airbnb home rentals and Hilton hotels among those seeing weaker demand
America’s economy is slowing, not plunging. But, the Fed should cut rates at its next meeting
World’s largest economy will still achieve soft landing despite rising unemployment, most analysts believe
The Democratic candidate is well advised not to campaign on the Biden administration’s economic record
Data spurs traders to increase bets on Fed rate cuts this year
Since the pandemic, consumer spending has remained strong. But three months before the election, there are signs that demand is weakening
Second-quarter earnings of $1bn missed expectations as hedging costs on floating rate exposure has yet to pay off
Central bank holds rates steady but comments by chair Powell boost expectations of pre-election move
Fast-food chain’s chief says customers are more ‘discriminating’ after years of price rises
