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Fed’s favorite inflation gauge accelerated in March, spelling trouble for rate cuts—and Biden’s re-election bid
Finance
Fed’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%
Finance
Mortgage 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’
Finance
The 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%
Finance
High interest rates catch up to economic growth as GDP slows dramatically to 1.6%
By Paul Wiseman and The Associated PressApril 25, 2024
A new reality of 7% mortgage rates could be setting in, top economist says 
Finance
A new reality of 7% mortgage rates could be setting in, top economist says 
By Alena BotrosApril 24, 2024
5 signs of under-the-radar economic pain from the Fed’s favorite on-the-ground source
Finance
5 signs of under-the-radar economic pain from the Fed’s favorite on-the-ground source
By Will DanielApril 20, 2024
Jerome Powell
Finance
Mortgage 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
Finance
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
By Will DanielApril 19, 2024
The number of CVCs has increased rapidly in recent years. But how are those CVCs actually doing?
Newsletters
The number of CVCs has increased rapidly in recent years. But how are those CVCs actually doing?
By Allie GarfinkleApril 19, 2024
The cost of owning a home is officially the highest on record, Redfin says. Here’s how bad it is out there
Finance
The 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
The Fed’s probably going to hold rates steady for longer than expected. But even when that awaited rate cut comes, it may not be all that cathartic
Newsletters
The Fed’s probably going to hold rates steady for longer than expected. But even when that awaited rate cut comes, it may not be all that cathartic
By Allie GarfinkleApril 18, 2024
Federal Reserve chair Jerome Powell
Finance
Jerome Powell pumped the brakes on rate cuts, but Goldman still eyes a soft landing because of the strong job market
By Paolo ConfinoApril 17, 2024
Jerome Powell
Finance
Powell 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
Lori Heinel
Finance
State Street, with $3.6 trillion in assets, is counting on the Fed to slash interest rates—’The overall inflation picture supports a cut,’ CIO says
By Alice Atkins and BloombergApril 16, 2024
Fed Chair Jerome Powell has an ‘unfriendly’ message for markets: You might not be getting any rate cuts this year
Finance
Fed Chair Jerome Powell has an ‘unfriendly’ message for markets: You might not be getting any rate cuts this year
By Will DanielApril 16, 2024
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