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Fed’s Raphael Bostic says interest rates will stay higher for longer than people think
Finance
Fed’s Raphael Bostic says interest rates will stay higher for longer than people think
By Christopher Rugaber and The Associated PressSeptember 5, 2023
A trader works on the floor of the New York Stock Exchange, August 21, 2023.
Finance
The Fed’s favorite inflation gauge rose last month—here’s why some economists say it’s misleading and won’t lead to more interest rate hikes
By Will DanielAugust 31, 2023
Christine Lagarde
Economy
Christine Lagarde vows to keep EU interest rates high ‘as long as necessary’ to slay the beast of inflation
By Christopher Rugaber and The Associated PressAugust 26, 2023
Jerome Powell
Finance
Jerome Powell is still on pins and needles about an economy that ‘may not be cooling as expected’
By Christopher Rugaber and The Associated PressAugust 26, 2023
Federal Reserve Chair Jerome Powell at the Jackson Hole economic symposium in Wyoming on Aug. 25, 2023.
Finance
Two economists from different camps see peril in Fed Chair Jerome Powell’s comments on inflation and interest rates from Jackson Hole
By Shawn TullyAugust 25, 2023
Man sitting looking at a computer screen
Finance
The experience-hungry American consumer is already crashing the economy into a ‘rolling recession,’ Oxford Economics says
By Will DanielAugust 22, 2023
Legendary investor Jeremy Grantham warns a recession is coming and the Fed’s rosy forecast is ‘almost guaranteed to be wrong’
Finance
Legendary investor Jeremy Grantham warns a recession is coming and the Fed’s rosy forecast is ‘almost guaranteed to be wrong’
By Will DanielAugust 18, 2023
A BRICS currency replacing the dollar is a ‘ridiculous’ idea, says the top economist who named the group—unless China and India become allies
Economy
A BRICS currency replacing the dollar is a ‘ridiculous’ idea, says the top economist who named the group—unless China and India become allies
By Will DanielAugust 15, 2023
Stockpiling, private debt, foreign funding: Mid-sized companies are finding money where they can as inflation and interest rates bite
Commentary
Stockpiling, private debt, foreign funding: Mid-sized companies are finding money where they can as inflation and interest rates bite
By Tasnim GhiawadwalaAugust 15, 2023
Even Joe Biden wishes he hadn’t called his signature law the Inflation Reduction Act: ‘I wish I hadn’t called it that because it has less to do with reducing inflation’ than other things
Finance
Even Joe Biden wishes he hadn’t called his signature law the Inflation Reduction Act: ‘I wish I hadn’t called it that because it has less to do with reducing inflation’ than other things
By Josh Boak, Paul Wiseman and The Associated PressAugust 13, 2023
This institutional homebuyer has completely stopped buying—why the 2023 housing market has Wall Street types timid
Finance
This institutional homebuyer has completely stopped buying—why the 2023 housing market has Wall Street types timid
By Lance LambertAugust 12, 2023
‘Don’t be fooled’ by the uptick in inflation, economist says. Prices are falling, and the Fed now has the ammo to pause its rate hikes
Finance
‘Don’t be fooled’ by the uptick in inflation, economist says. Prices are falling, and the Fed now has the ammo to pause its rate hikes
By Will DanielAugust 10, 2023
America’s credit card bill just passed a record $1 trillion. Here’s what it means
Personal Finance
America’s credit card bill just passed a record $1 trillion. Here’s what it means
By Alicia AdamczykAugust 9, 2023
Side view of UniCredit bank tower and the rest of the city
Finance
Italy’s new affordable housing weapon is a 40% windfall tax on banks
By Prarthana PrakashAugust 8, 2023
School supplies are bagged at a cash register in Burbank, California.
Personal Finance
Your family will probably spend $890 on back-to-school shopping this year, retail trade group says
By Paige HagyAugust 7, 2023
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