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The Fed’s favorite inflation gauge cooled in October, and Wall Street believes it may signal ‘interest rate cuts are on the horizon’
FinanceThe Fed’s favorite inflation gauge cooled in October, and Wall Street believes it may signal ‘interest rate cuts are on the horizon’
By Will DanielNovember 30, 2023
The math isn't working for may homebuyers to break into the housing market.
Personal FinanceHousing math just isn’t mathing, a Fed president says, ripping into NIMBYism and homes that are ‘increasingly unattainable for too many workers’
By Sydney LakeNovember 18, 2023
Mortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices
FinanceMortgage rates have been falling for weeks as inflation fades—but the housing market may still struggle with affordability and high home prices
By Will Daniel and Alena BotrosNovember 17, 2023
Wholesale inflation just had its largest monthly drop in 2.5 years: ‘We got more Goldilocks today’
FinanceWholesale inflation just had its largest monthly drop in 2.5 years: ‘We got more Goldilocks today’
By Will DanielNovember 15, 2023
Fed officials applaud report of slowing inflation as ‘real progress’ while cautious about its impact on interest rates: ‘We still have a way to go’
FinanceFed officials applaud report of slowing inflation as ‘real progress’ while cautious about its impact on interest rates: ‘We still have a way to go’
By Catarina Saraiva, Steve Matthews and BloombergNovember 14, 2023
Stocks soar as Wall Street celebrates a cooler-than-expected inflation report that may signal an end to Fed rate hikes: ‘The immaculate disinflation continues’
FinanceStocks soar as Wall Street celebrates a cooler-than-expected inflation report that may signal an end to Fed rate hikes: ‘The immaculate disinflation continues’
By Will DanielNovember 14, 2023
Former New York Fed president says U.S. finances are on a ‘unsustainable trajectory’ as debt costs rise: ‘The situation is going to get worse’
FinanceFormer New York Fed president says U.S. finances are on a ‘unsustainable trajectory’ as debt costs rise: ‘The situation is going to get worse’
By Swati Pandey and BloombergNovember 13, 2023
Fed’s Michael Barr calls for strong stablecoin regulation and says ‘we haven’t made a decision’ when it comes to CBDCs
RegulatorsFed’s Michael Barr calls for strong stablecoin regulation and says ‘we haven’t made a decision’ when it comes to CBDCs
By Leo SchwartzNovember 7, 2023
Economy
FinanceU.S. economy adds 150,000 jobs in October, likely down about 30,000 on auto strikes alone
By Paul Wiseman and The Associated PressNovember 3, 2023
Jerome Powell
FinanceJerome Powell’s Federal Reserve is still on pause when it comes to rate hikes—for now
By Christopher Rugaber and The Associated PressNovember 1, 2023
Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York
FinanceBlockbuster economic data from last few weeks has made Fed’s rate announcement today that much harder: ‘The Fed has to talk tough’
By Christopher Rugaber and The Associated PressNovember 1, 2023
Jerome Powell
FinanceThe top 10% of U.S. households are $28 trillion richer since 2020—and economists are slowly waking up to the spending revolution
By Christopher Rugaber, Anne D'Innocenzio and The Associated PressOctober 30, 2023
Woman shopping in a Target store pushing a red cart
FinanceThe Fed’s favorite inflation gauge hasn’t changed in two months, indicating a long slog ahead for the economy
By Christopher Rugaber and The Associated PressOctober 27, 2023
Fed hikes still in play amid stubborn inflation and strong economy, warns Pimco’s global economic adviser
FinanceFed hikes still in play amid stubborn inflation and strong economy, warns Pimco’s global economic adviser
By Michael Mackenzie and BloombergOctober 26, 2023
Joe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious
FinanceJoe Biden is taking a victory lap after the latest blowout GDP report and says the much-feared recession is canceled, but Wall Street is dubious
By Will DanielOctober 26, 2023
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