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This Is a Terrible Time for Savers

This Is a Terrible Time for Savers

In an upside-down world of financial markets, expected returns after inflation are at record lows.

Big Economic Challenges Await Biden and the Fed This Fall

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Expiring unemployment benefits and the Delta variant add uncertainty to a recovery that has brought strong growth but an unusual labor market.

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Home Prices Are Soaring. Is That the Fed’s Problem?

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Low interest rates are one reason that the housing market has taken off. They are far from the only one.

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Federal Reserve Keeps Rates Unchanged but Cites ‘Progress’ Toward Its Goals

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The central bank held policy steady. But it made the clearest hint yet that it will soon begin to shift from emergency mode.

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Fed Considers Tapering Bond Purchases as Economy Grows

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Federal Reserve officials conclude a two-day meeting in Washington on Wednesday. The focus will be on laying the groundwork for less supportive policy.

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Inflation Has Arrived, but Washington Isn’t Racing to Limit Price Pops

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Policymakers, now more attuned to the costs of choking off growth early, are sticking by a patient approach as prices rise.

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Federal Reserve Chair Testifies Before Congress

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Jerome H. Powell told senators that price gains should fade, but he made it clear that the Fed is watching them carefully.

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