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Federal Reserve says ‘lack of further progress’ on inflation will keep interest rates at 2-decade highs
FinanceFederal Reserve says ‘lack of further progress’ on inflation will keep interest rates at 2-decade highs
By Christopher Rugaber and The Associated PressMay 1, 2024
Why Japan’s currency is cratering right now, even though its stock market is red hot
FinanceWhy Japan’s currency is cratering right now, even though its stock market is red hot
By Will DanielApril 30, 2024
It’s still a golden age of homebuilding, according to one top real estate CEO. Here’s why
FinanceIt’s still a golden age of homebuilding, according to one top real estate CEO. Here’s why
By Alena BotrosApril 26, 2024
Fed’s favorite inflation gauge accelerated in March, spelling trouble for rate cuts—and Biden’s re-election bid
FinanceFed’s favorite inflation gauge accelerated in March, spelling trouble for rate cuts—and Biden’s re-election bid
By Christopher Rugaber and The Associated PressApril 26, 2024
Mortgage rates are a ‘wild card’ in the housing market—and they’re edging closer to 8%
FinanceMortgage rates are a ‘wild card’ in the housing market—and they’re edging closer to 8%
By Alena BotrosApril 25, 2024
The economy seems weaker than advertised, and inflation is still running hot—it’s the ‘worst of both worlds’
FinanceThe economy seems weaker than advertised, and inflation is still running hot—it’s the ‘worst of both worlds’
By Will DanielApril 25, 2024
High interest rates catch up to economic growth as GDP slows dramatically to 1.6%
FinanceHigh interest rates catch up to economic growth as GDP slows dramatically to 1.6%
By Paul Wiseman and The Associated PressApril 25, 2024
It’s not just investors watching the Fed: Central bankers across Southeast Asia are trying to time rate cuts to ensure their currencies don’t collapse
FinanceIt’s not just investors watching the Fed: Central bankers across Southeast Asia are trying to time rate cuts to ensure their currencies don’t collapse
By Lionel LimApril 25, 2024
A new reality of 7% mortgage rates could be setting in, top economist says 
FinanceA new reality of 7% mortgage rates could be setting in, top economist says 
By Alena BotrosApril 24, 2024
Baby boomer packed housing markets are unfazed by higher mortgage rates—the rest don’t have enough homes or sellers
FinanceBaby boomer packed housing markets are unfazed by higher mortgage rates—the rest don’t have enough homes or sellers
By Alena BotrosApril 22, 2024
These are professional investors’ 3 biggest fears for markets in 2024, according to a JPMorgan survey
FinanceThese are professional investors’ 3 biggest fears for markets in 2024, according to a JPMorgan survey
By Will DanielApril 22, 2024
Jerome Powell
FinanceMortgage rates surpass 7% for the first time this year
By Alena BotrosApril 19, 2024
Fed Chair Powell ‘backed himself into a corner’ by predicting rate cuts this year and is now in a ‘tricky situation,’ according to this chief investment officer
FinanceFed Chair Powell ‘backed himself into a corner’ by predicting rate cuts this year and is now in a ‘tricky situation,’ according to this chief investment officer
By Will DanielApril 19, 2024
The cost of owning a home is officially the highest on record, Redfin says. Here’s how bad it is out there
FinanceThe cost of owning a home is officially the highest on record, Redfin says. Here’s how bad it is out there
By Alena BotrosApril 18, 2024
Jerome Powell
FinancePowell threatens to keep interest rates high ‘as long as needed’ as recent data show it’s ‘likely to take longer than expected’ for inflation to fall
By Christopher Rugaber and The Associated PressApril 17, 2024
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