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Bank of England Keeps Interest Rates at 5.25%, a 15-Year High
Posted inBank of England Banking and Financial Institutions Economic Conditions and Trends Great Britain Inflation (Economics) Prices (Fares, Fees and Rates)

Bank of England Keeps Interest Rates at 5.25%, a 15-Year High

The British economy has showed signs of slowing down, with inflation dropping below 5 percent in October, but the bank gave no sign of a rate cut anytime soon.
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Posted by By Eshe Nelson
Powell, Fed’s Chair, Unleashes the Bulls
Posted inBank of England European Central Bank Federal Reserve System Government Bonds Inflation (Economics) Interest Rates internal-storyline-no Powell, Jerome H Stocks and Bonds United States Economy

Powell, Fed’s Chair, Unleashes the Bulls

The Federal Reserve’s surprise projection that it may cut interest rate three times next year has triggered a global rally in stocks and bonds.
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Posted by By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler
Is Jerome Powell’s Fed Pulling Off a Soft Landing?
Posted inBanking and Financial Institutions Consumer Behavior Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) Recession and Depression United States Economy

Is Jerome Powell’s Fed Pulling Off a Soft Landing?

It’s too soon to declare victory, but the economic outlook seems sunnier than it did a year ago, and many economists are predicting a surprising win.
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Posted by By Jeanna Smialek
Holidays Well Spent
Posted inChristmas Gifts Holidays and Special Occasions Inflation (Economics) Student Loans

Holidays Well Spent

“I just never realized how much ornaments add up!” Seventeen people on the streets of New York City talk to us about holiday spending.
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Posted by By Julia Rothman and Shaina Feinberg

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