Influential governor says US economy in ‘sweet spot’ but hotter than expected inflation not welcome
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
And valuing the weight-loss drug manufacturers
Figures for headline and core rates marginally surpass expectations
Minutes from meeting showed some dispute about how quickly to reduce borrowing costs
High costs are a threat to Kamala Harris’s hopes of winning Michigan, a crucial election battleground
Bond traders brace for inflation data on Thursday after jobs figures smashed expectations
Plus bad food stocks, and more on the jobs report
And the sukuk market
The New York Federal Reserve president on the battle to tame inflation
New York Fed president John Williams signals support for quarter-point interest rate cuts
Don’t rely on easy r* narratives
US central bank chair expresses ‘growing confidence’ of soft landing for economy
Data comes after US central bank last week cut interest rates for the first time since the pandemic
St Louis Fed president tells FT the economy could react ‘very vigorously’ to loosening financial conditions
Lenders charged more for loans but kept interest payments to savers down, FT analysis finds
Influential governor Christopher Waller says inflation is falling more quickly than he expected
The labour market is softer than it appears
Investors have no choice but to guess at the neutral rate
US central bank’s decision marks milestone in two-year fight against inflation
Futures traders boosted expectations in the past week of a bigger trim than the traditional 0.25 percentage point change
Loosening job market means companies no longer have to be as generous to retain staff
Replying to readers on price increases
With inflation down and the jobs market cooling, the economics points to 50bp
GDP to keep expanding while unemployment will remain relatively low, economists predict
