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Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before
Posted inBanking and Financial Institutions Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) United States Economy

Fed Chair’s Confidence in Slowing Inflation Is ‘Not as High’ as Before

Jerome H. Powell, the Federal Reserve chair, said that the central bank was poised to leave interest rates on hold after surprisingly stubborn inflation.
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Posted by By Jeanna Smialek
High Interest Rates Are Hitting Poorer Americans the Hardest
Posted inCredit and Debt Federal Reserve System Income Inequality Inflation (Economics) Interest Rates Personal Finances Prices (Fares, Fees and Rates) United States Economy

High Interest Rates Are Hitting Poorer Americans the Hardest

The economy as a whole has proved resilient amid the highest rates in decades. But beneath the surface, many low- and moderate-income families are struggling.
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Posted by By Ben Casselman and Jeanna Smialek
What Forecasters Say About Interest Rates (and Why They Disagree)
Posted inConsumer Price Index Economics (Theory and Philosophy) Federal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Prices (Fares, Fees and Rates) United States Economy

What Forecasters Say About Interest Rates (and Why They Disagree)

Hopes for a steep drop in borrowing costs for consumers and businesses have been dashed. But some experts predict modest reductions in coming months.
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Posted by By Talmon Joseph Smith
An Inflation Test Looms Over the Economy and the Election
Posted inFederal Reserve System Inflation (Economics) Interest Rates internal-storyline-no Politics and Government Prices (Fares, Fees and Rates) United States Economy

An Inflation Test Looms Over the Economy and the Election

The pivotal Consumer Price Index report is set to be published on Wednesday as the window for interest-rate cuts before November is closing.
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Posted by By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

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