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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
Lori Heinel
FinanceState 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
FinanceFed Chair Jerome Powell has an ‘unfriendly’ message for markets: You might not be getting any rate cuts this year
By Will DanielApril 16, 2024
Philip Jefferson, vice chair of the Federal Reserve
FinanceAnother top Fed official warns of higher-for-longer interest rates: ‘Sustainably restoring 2% inflation is not yet done’
By Christopher Rugaber and The Associated PressApril 16, 2024
Sky-high mortgage rates aren’t just crushing homebuyers: Nearly 8 in 10 sellers regret missing the hottest market in decades, survey shows
FinanceSky-high mortgage rates aren’t just crushing homebuyers: Nearly 8 in 10 sellers regret missing the hottest market in decades, survey shows
By Alena BotrosApril 15, 2024
U.S. GDP growth isn’t cooling off after all—expect more jobs, more inflation, and fewer rate cuts, Wells Fargo says
FinanceU.S. GDP growth isn’t cooling off after all—expect more jobs, more inflation, and fewer rate cuts, Wells Fargo says
By Will DanielApril 15, 2024
Jamie Dimon
FinanceJamie Dimon says stagflation is real estate’s worst-case scenario: ‘That will filter through the whole economy in a way that people haven’t really experienced since 2010’
By Will DanielApril 12, 2024
Small-business optimism just hit an 11-year low. ‘Will depressed small business owners depress the economy?’
FinanceSmall-business optimism just hit an 11-year low. ‘Will depressed small business owners depress the economy?’
By Will DanielApril 10, 2024
Federal Reserve chair Jerome Powell
FinanceA growing chorus of Fed officials and Wall Street analysts say this will be a year with few rate cuts—or possibly none at all
By Paolo ConfinoApril 10, 2024
‘Disinflation is out, and inflation is in’ after a hotter than expected March CPI report, experts say
Finance‘Disinflation is out, and inflation is in’ after a hotter than expected March CPI report, experts say
By Will DanielApril 10, 2024
Office values will plunge another 25% in ‘worst-hit metros,’ Capital Economics says—and that’s bad news for San Francisco and Seattle
FinanceOffice values will plunge another 25% in ‘worst-hit metros,’ Capital Economics says—and that’s bad news for San Francisco and Seattle
By Alena BotrosApril 9, 2024
Office vacancies set new all-time high, blowing past recession-era rates
FinanceOffice vacancies set new all-time high, blowing past recession-era rates
By Alena BotrosApril 4, 2024
Buckle up for a bumpy ride in the stock market, BMO Wealth Management’s CIO says. And he’s not the only one sounding the alarm
FinanceBuckle up for a bumpy ride in the stock market, BMO Wealth Management’s CIO says. And he’s not the only one sounding the alarm
By Will DanielApril 3, 2024
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