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Higher Unemployment Rate Looms as the Fed Fights Inflation
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wsj.comFederal Reserve officials are beginning to signal that higher unemployment rates might be a necessary consequence of their efforts to damp inflation by raising interest rates.
This marks a reversal from last year, when their policies provided strong economic stimulus aimed at spurring the labor market’s recovery from the pandemic’s damaging effects.
Read more on wsj.comAbout this in other media
Consumer watchdog eyes crackdown on credit card late fees as inflation threatens to increase them cnbc.com /1 year ago
Watch Powell's testimony to Congress on the Fed's inflation fight, state of the economy cnbc.com /1 year ago
UK government needs long-term plan for higher wages, not a fight with workers theguardian.com /1 year ago
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