Finance & economics | Core of the matter

America still has an inflation problem

Markets reel from the latest figures

NEW YORK, NEW YORK - AUGUST 11: A person passes a gas station with prices displayed in the Brooklyn borough on August 11, 2022 in New York City. While fuel prices are still historically high, they have fallen below four dollars a gallon in some regions of the country, bringing inflation relief to millions of Americans who depend on their cars for work and other activities. (Photo by Spencer Platt/Getty Images)
|Washington, DC

Editor’s note (September 14th 2022): This story has been updated to include markets’ reaction.

This article appeared in the Finance & economics section of the print edition under the headline “Core of the matter”

Getting the job done: How Ukraine can win

From the September 17th 2022 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Finance & economics

A white fish going into the mouth of a group of black fishes forming a bigger fish.

Why your portfolio is less diversified than you might think

The most important idea in modern finance has become maddeningly hard to implement

A German flag waves in front of the buildings of the banking district in Frankfurt, Germany.

Can Germany’s economy stage an unexpected recovery?

The situation is dire, but there are glimmers of hope


Italy's Prime Minister Giorgia Meloni smiles at the Palazzo Chigi in Rome.

Giorgia Meloni has grand banking ambitions

Will Italy’s nationalist prime minister manage to concentrate financial power?


Tech tycoons have got the economics of AI wrong

Following DeepSeek’s breakthrough, the Jevons paradox provides less comfort than they imagine

Donald Trump’s economic warfare has a new front

The president has threatened to blow up the global tax system. Will allies be able to stop him?

Don’t let Donald Trump see our Big Mac index

America’s tariff-loving president could learn the wrong lessons from international burger prices