[ad_1] The Marriner S. Eccles Federal Reserve Board Building in Washington, D.C. Sarah Silbiger | Reuters Markets are nearly certain the Federal Reserve next month will take another step down…
[ad_1] The Federal Reserve should slow down the pace of its interest-rate hikes so officials can better see where they are headed, Dallas Fed President Lorie Logan said Wednesday. “A…
[ad_1] The number: U.S. industrial production fell 0.7% in December, the Federal Reserve reported Wednesday. It is the biggest monthly decline since September 2021. The decline was steeper than economists…
[ad_1] Good news, especially for retirees: Inflation has fallen. The official rate has just tumbled to 6.5% — down from 9.1% last June. And while 6.5% is still a hefty…
[ad_1] Federal Reserve Chairman Jerome Powell on Tuesday emphasized the need for the central bank to be free of political influence while it tackles persistently high inflation. In a speech…
[ad_1] Morgan Stanley’s Mike Wilson is telling investors to brace for a winter downdraft. He warns S&P 500 is vulnerable to a 23% drop — bringing it to 3,000. “Even…
[ad_1] The Federal Reserve is likely to raise interest rates more than the markets now expect, says Ricardo Reis, an economist at the London School of Economics. “Markets are going…
[ad_1] Reports that globalization is dead are overstated, a top economist said. Conventional wisdom has it that globalization will suffer in the aftermath of the pandemic and Russia’s war in…
[ad_1] Atlanta Federal Reserve President Raphael Bostic said Friday that December’s jobs report, with its slowdown in wage increases and better-than-expected employment growth, doesn’t change his view on monetary policy.…
[ad_1] As her 40-year central banking career comes to a close, Kansas City Federal Reserve President Esther George is advising her colleagues to stay tough in their efforts to stamp…
[ad_1] WASHINGTON – Federal Reserve officials are committed to fighting inflation and expect higher interest rates to remain in place until more progress is made, according to minutes released Wednesday…
[ad_1] The Federal Reserve should keep raising its policy interest rate until it is confident inflation has peaked and that means interest rate hikes “at least at the next few…
[ad_1] The Chicago Business Barometer, also known as the Chicago PMI, rebounded to 44.9 in December from 37.2 in the prior month, which was the lowest reading since the 2007/2008…
[ad_1] Singapore’s goods and services tax will be raised to 8% in January 2023. Ore Huiying | Bloomberg | Getty Images Come Jan. 1, Singapore will raise its goods and…
[ad_1] What is your resolution for the New Year? Millions of Americans are already coming up with their financial goals. Whether they keep them or not, of course, is another…
[ad_1] “‘Getting from the high inflation where we are now towards 3[%] is baked in.’ ” — Adam Posen, president of the Peterson Institute for International Economics The inflation outlook…
[ad_1] The numbers: The S&P CoreLogic Case-Shiller 20-city house price index fell 0.5% in October, its fourth monthly decline. Year-over-year prices rose rose 8.6%, slowing from 10.4% in the previous…
[ad_1] Mt. Fuji and Tokyo skyline, Japan. Jackyenjoyphotography | Moment | Getty Images Americans are poised to travel overseas in a big way in 2023. Households are continuing to unleash…
[ad_1] The Federal Reserve on Wednesday raised its benchmark interest rate to the highest level in 15 years, indicating the fight against inflation is not over despite some promising signs…
[ad_1] Natalia Gdovskaia | Moment | Getty Images In an environment of high inflation, health insurance costs are doing the opposite: They’ve begun to deflate, and are poised to continue…
[ad_1] The appetite for Treasury inflation-protected securities ETFs, otherwise known as TIPS, may soon increase. According to Charles Schwab’s D.J. Tierney, these investments are becoming more appealing as the economy…
[ad_1] Investors may get a wake-up call this winter when it comes to taxes, but it doesn’t have to be that way. According to BNY Mellon’s Ben Slavin, it’s a…
[ad_1] The Federal Reserve should downshift the pace of its rate hikes in December, said Federal Reserve Vice Chairman for Supervision Michael Barr on Thursday. The Fed has pushed up…
[ad_1] The economist Austan Goolsbee will take over as president of the Chicago Federal Reserve early next year as the central bank weighs critical policy moves ahead, according to an…
[ad_1] The numbers: Initial jobless claims fell 16,000 to 225,000 in the week ended November 26, the Labor Department said Thursday. Economists polled by The Wall Street Journal had estimated…