A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
US inflation rose more than expected in January, shaking markets and pushing Fed rate cut expectations to December 2025. The ...
Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...
Wages have risen fast enough to overcome inflation in recent years. Even so, consumers are still vibing economic ennui.
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong direction and to its highest rate since June of last year.
They charged that right-wing echo chambers were conning voters into believing entirely preposterous narratives about America’s decline. What they rarely considered was whether something else might be ...
Federal Reserve Chairman Jerome Powell is on Capitol Hill Tuesday for the first of two hearings he will testify in this week.
In contrast to satisfaction with their personal lives, satisfaction with the US government is only 20 percent versus 77 ...
With the election decided and future policy easier to predict, economists can examine the coming years with increasing surety.
Experts are optimistic that the 25 bps cut—the first in nearly five years—will make borrowing cheaper and spur the demand for ...