
Megan Leonhardt
Senior Economics Writer at Barron's
Senior economics writer with @barronsonline, previously @FortuneMagazine, @CNBCMakeIt, @MONEY. Send comments, questions to megan.leonhardt(at)barrons(dot)com
Articles
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1 day ago |
barrons.com | Megan Leonhardt
Strength in Services Inflation Likely Supports Fed Pause on Rates Efforts to stem inflation in the cost of services didn’t show much progress in April even though airfares continued to fall. That will help justify the Fed’s continued wait-and-see approach to cutting interest rates, even as overall inflation trends closer to the 2% target. The BLS’s index for services, excluding those related to energy, rose 0.3% month over month in April. That is an acceleration from a 0.1% monthly pace in March.
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5 days ago |
barrons.com | Megan Leonhardt
The president of the Federal Reserve Bank of New York is emphasizing the need to keep long-term inflation in check as policymakers face an economy disrupted by tariffs that could force a choice between the two sides of its dual mandate.
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6 days ago |
barrons.com | Megan Leonhardt
The U.S. experienced its first decline in productivity in nearly three years during the first quarter, turning what was once a growth engine into another potential drag on U.S. economic growth. Nonfarm business-sector labor productivity declined at a rate of 0.8% in the first quarter, according to a preliminary estimate released Thursday by the Bureau of Labor Statistics. It was the first decline in productivity since the second quarter of 2022.
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1 week ago |
finance.yahoo.com | Megan Leonhardt
The Federal Reserve stuck to its guns, keeping interest rates steady Wednesday as central bank policymakers analyze how federal policy changes could manifest in the economy. At the conclusion of a two-day policy meeting, the Federal Open Market Committee voted to keep its target for the federal-funds rate at 4.25% to 4.50%, as investors expected. Ahead of the decision, the interest-rate futures market had the odds that rates wouldn’t change at 99%.
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1 week ago |
barrons.com | Megan Leonhardt
A 0.3% decline in first-quarter gross domestic product has fueled fresh speculation that the U.S. economy is tipping into a recession. Even if that proves to be the case, it will be a long time before we know. Although economists and others typically define a recession as two consecutive quarters of negative GDP growth, the official ruling is made by the National Bureau of Economic Research’s business cycle dating committee , an eight-person body composed of macroeconomic economists.
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Anyone renewed or bought a new car insurance policy lately? Would love to hear about the process! #CarInsurance #insurance #carcosts

June CPI report showed inflation is slowing, but curious to hear how folks are actually feeling about their budgets these days. Does it feel like the squeeze really easing? #cpi #inflation #prices

RT @juliaonjobs: There’s an excellent piece in @barronsonline about rising unemployment in California. Thanks @Megan_Leonhardt! https://t.c…