economic policies – Page 143

The Biden administration is looking to restore an Obama-era rule that requires states, counties, and cities receiving federal housing funds to submit “equity plans” to ensure that residential “segregation” within their borders are uprooted—a decision that runs contrary to the Trump administration’s policy that found the rule to be ineffective and complicated. The U.S. Department…

Japan Reports Inflation Hit 4 Percent, 41-year High in December

TOKYO—Japan’s consumer inflation rate hit a 41-year high of 4 percent in December, as prices for everything from burgers to gas surged. That rate is still relatively low, compared to some other nations, including the U.S. Japan, the world’s third-largest economy, has been fending off deflation, or chronically falling prices, for decades. The last time…

Fed’s Williams Says Fed Needs More Rate Rises to Cool Inflation

NEW YORK—Federal Reserve Bank of New York President John Williams said on Thursday the U.S. central bank has more rate hikes ahead and sees signs inflationary pressures might be starting to cool off from torrid levels. “With inflation still high and indications of continued supply-demand imbalances, it is clear that monetary policy still has more…

Wall Street Opens Mixed and Is Headed for a Losing Week

NEW YORK—Stocks are off to a mixed start on Wall Street, keeping the market on track for a losing week after rallying for the first two weeks of the year. The S&P 500 was just barely higher in the early going Friday, and the tech-heavy Nasdaq composite was up 0.4 percent. The Dow slipped 0.1…

Dollar Edges Higher as Economic Storm Clouds Gather

LONDON—The dollar hovered around seven-month lows on Friday as a slew of data feeds concern among investors that an economic slowdown could be unavoidable, while a bout of profit-taking forced the yen to retreat. The dollar edged up 0.2 percent against a basket of other major currencies to 102.17, holding narrowly above Wednesday’s seven-month lows….

Oil Heads for 2nd Week of Gains on China Demand Outlook

LONDON—Oil rose on Friday and was heading for a second straight weekly gain, spurred largely by brightening economic prospects for China and resulting expectations of a boost to fuel demand in the world’s second-biggest economy. The lifting of COVID-19 restrictions in China is set to increase global demand to a record high this year, the…

World Markets Rise After Recession Fears Pull Wall Street Lower

BEIJING—Shares were higher in Europe and Asia on Friday after Wall Street declined on worries that the U.S. economy is headed for recession. U.S. futures were little changed while oil prices advanced. Traders worry the Federal Reserve and central banks in Europe and Asia that have raised interest rates to cool economic activity and inflation…

XtremeCuztoms

Tag: economic policies

Biden Seeks to Bring Back Obama-Era Rule on ‘Fair Housing’ Rescinded by Trump

Japan Reports Inflation Hit 4 Percent, 41-year High in December

Fed’s Williams Says Fed Needs More Rate Rises to Cool Inflation

White House Adviser Says ‘No’ to Spending Cuts, but ‘Yes’ to Tougher IRS Enforcement Discussions

Starmer Criticises Sunak for Davos No-Show and Calls for ‘Clean Power Alliance’

Wall Street Opens Mixed and Is Headed for a Losing Week

Dollar Edges Higher as Economic Storm Clouds Gather

Oil Heads for 2nd Week of Gains on China Demand Outlook

World Markets Rise After Recession Fears Pull Wall Street Lower

Recent Posts

Archives

Meta