Forecasters expect tariffs to push up consumer prices and drag down economic growth in the coming months. Inflation is expected to accelerate, but not to the ultra-high levels of the 1970s, when the ...

WASHINGTON - Many economists, educators and business executives fully expect the Federal Reserve to cut rates at least a quarter percent, if not a half percent, next week from today. Yet, some recent ...

Forecasters are growing more worried about stagflation amid a slew of weak economic data. Investors took in worse-than-expected jobs data this week and saw evidence that inflation is running hot. It ...

On Thursday, in a post on X, Summers highlighted a snippet from his recent online conversation at The New York Times, discussing Wednesday’s Federal Reserve meeting, and the broader state of the ...

Of all the economic conditions, economists generally fear “stagflation” the most. That’s when the economy becomes stagnant and doesn’t grow, but inflation keeps rising. The last time the U.S. had a ...

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

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