Fed’s ‘Wait and See’ Approach Is Intact as New Risks Cloud Economic Outlook
The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that could be extended through the summer.
The central bank is set to hold interest rates steady for its fourth straight meeting, a pause that could be extended through the summer.
Workplace mistreatment harms observers, too. AP Photo/Ross D. FranklinPicture this: On your way out of the office, you notice a manager berating an employee. You assume the worker made some sort of mistake, but the manager’s behavior seems unprofessional. Later, as you’re preparing dinner, is the scene still weighing on you – or is it out of sight, out of mind?
Recent college grads face a tough job market in 2025, but employers are still hiring. sturti/E+ via Getty ImagesEvery year, I tell my students in my business analytics class the same thing: “Don’t just apply for a job. Audition for it.”
Pooling procurement of drugs could increase the availability of essential treatments around the globe. narvo vexar/iStock via Getty Images PlusProcuring lifesaving drugs is a daunting challenge in many low- and middle-income countries.
This box explores whether the effect of tightening financial conditions on US economic growth varies depending on the level of equity valuations. Financial conditions indices (FCIs) offer a consolidated measure of the costs of financing for households, firms and governments and typically incorporate interest rates, equity prices, corporate bond spreads and exchange rates. Using an exemplary FCI, we find that equity prices significantly influence US financial conditions when equity markets are overvalued. That, however, is shown to weaken their economic growth signal.
Mijansk786/ShutterstockAfter years of mounting scrutiny over TikTok’s data practices, in 2024 the Chinese video platform was threatened with a forced sale in the US or a nationwide ban. With the deadline looming on June 19, US–China tech rivalry has entered a new and more aggressive phase.
This box explores the factors shaping the euro area inflation expectations of firms in the survey on the access to finance of enterprises (SAFE). It finds that the short-term inflation expectations of firms are more volatile and closely tied to current inflation trends compared with their medium-term and long-term expectations. The determinants of these expectations considered in the analysis include the individual characteristics of firms, the sectors these operate in, their country of operation, their anticipated business decisions and euro area inflation.
This box explores the relationship between financial market volatility and economic policy uncertainty (EPU). Historically, financial market volatility and news-based measures of EPU have displayed close co-movement, albeit diverging at times and across countries. More recently, the rise in euro area EPU has reflected an intensification of an upward trend observed over a number of years, largely driven by developments in Germany.
In 2018, the president called for the group to embrace Russia and stormed out of the summit. Now he is seeking to shrink America’s military role abroad and embarking on a more expansive trade war.