Higher Rates Raise Risk of Future Fed Losses Editor Rising interest rates could one day lead the central bank to pay out more in interest than it earns, creating a political headache
Rising Risk of Recession Creates New Headache for Biden Editor The White House is deploying a strategy to highlight economic bright spots as the Fed tackles inflation
The Inflation Japan Wanted Is Finally Here, but Not for the Right Reasons Editor Central bank’s target is reached, prompting concern about the effects of high energy and raw-material costs
Number of People Receiving Jobless Benefits Reached 52-Year Low in Early May Editor Unemployment benefits totals add to signs of unusually tight U.S. labor market
Crypto Meltdown Exposes Hollowness of Its Libertarian Promise Editor Unable to displace the dollar, crypto became just another asset without traditional asset markets’ guardrails
High Inflation, Slowing Growth Raise Risk of Global Downturn Editor Yellen cites ‘stagflationary effects’ in a warning ahead of a meeting of leaders of seven wealthy nations
U.K. Inflation Hits 40-Year High, Putting Government on Defensive Editor Price-rise acceleration comes as British economy faces a recession, economists and politicians say
China’s New Home Prices Fall for the First Time in More Than Six Years Editor The decline, though slight, marks the first such decrease since November 2015
Yellen Pushes Polish Prime Minister on International Tax Deal Editor Poland has been key European holdout in pact negotiated by U.S. treasury secretary
China’s Economic Distress Deepens as Lockdowns Drag On Editor Economists call for more aggressive stimulus; slowdown is worst since the initial Covid-19 outbreak in 2020