Interest Rates

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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
August 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
August 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
August 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

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
August 15, 2023
Stockpiling, private debt, foreign funding: Mid-sized companies are finding money where they can as inflation and interest rates bite

Stockpiling, private debt, foreign funding: Mid-sized companies are finding money where they can as inflation and interest rates bite

By
August 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 Press
August 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
August 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
August 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
August 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
August 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
August 7, 2023
Artistic rendering of office skyscrapers being cut into ribbons
Finance

Trouble continues to mount in the office real estate sector: ‘You can’t get a loan today…there’s no liquidity in the marketplace’

By
August 7, 2023
Fed’s Bowman says more hikes ‘will likely be needed’ despite lower inflation reading
Finance

Fed’s Bowman says more hikes ‘will likely be needed’ despite lower inflation reading

By Catarina Saraiva and Bloomberg
August 5, 2023
Fed’s Raphael Bostic says rate hikes are no longer needed to fight inflation as employment gains slow
Finance

Fed’s Raphael Bostic says rate hikes are no longer needed to fight inflation as employment gains slow

By Steve Matthews, Catarina Saraiva and Bloomberg
August 4, 2023
Saudi Arabia extends oil production cut as central banks fear inflationary spike from rising fuel costs 
Finance

Saudi Arabia extends oil production cut as central banks fear inflationary spike from rising fuel costs 

By Grant Smith, Omar Tamo and Bloomberg
August 3, 2023

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