Tag: Fed

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Inflation Inched Higher in April, Reflecting Challenge for the Fed

A measure of inflation most closely watched by Federal Reserve officials picked up in April, reflecting the difficult path ahead for economic policymakers as they weigh whether to raise interest rates again to bring down stubborn price increases. The Personal Consumption Expenditures index climbed 4.4 percent in April from a year earlier, according to a…

The ‘Red Wave’ Washout: How Skewed Polls Fed a False Election Narrative

In Pennsylvania, the same two firms gave Lt. Gov. John Fetterman, the Democratic Senate candidate, a smaller lead over Mehmet Oz, and eventually showed Mr. Fetterman trailing — a departure from nonpartisan polls like Marist and Fox News. (He won by nearly five points.) Worried that the G.O.P.-inflected polls were wrong and were liable to…

Fed Up With Political Texts? You’re Not Alone.

Like voters around the country, people in California were inundated with political text messages during the midterm election campaign. In October alone, Californians received a whopping 163.9 million of the messages, according to estimates from RoboKiller, an app that blocks robocalls and spam texts. Many Californians found the electioneering texts annoying, polarizing, occasionally dubious and…