The Federal Reserve sets interest rates, and it operates independently of the White House. But rates could come down as inflation cools.
Category: Interest Rates
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How Fed Rates Influence Mortgages, Credit Cards and More
Higher rates benefit those who can save, but for borrowers, falling rates would reduce bills on credit cards, home equity loans and other forms of debt.
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What to Watch as the Fed Meets on Wednesday
The Federal Reserve is expected to leave interest rates unchanged but could set up for a cut later this year.
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Politics Makes the Fed’s Job Trickier, but Doesn’t Drive Its Decisions
Central bankers are independent of the White House as they set interest rates. But the political cycle can put them under unwanted limelight.
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Bank of Japan Raises Interest Rates for Second Time Since 2007
The closely watched move by the Bank of Japan could bolster the country’s beleaguered currency.
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Is the Labor Market About to Crack? It’s the Key Question for the Fed.
Central bankers are paying more attention to the strength of the job market as inflation cools. But it’s a tough time to gauge its resilience.
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Why Global Investors Are Watching What Japan Does Next
Officials at Japan’s central bank are considering when to raise interest rates, as their counterparts in the United States plan to cut them, which could rattle markets around the world.
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Japan Wanted Higher Inflation. It’s Here, and It Hurts.
Japan’s economy is faltering after a rise in prices led consumers to cut back on spending.
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Fed’s Preferred Inflation Number Cooled Overall in June
The Personal Consumption Expenditures Index climbed 2.5 percent, still more than the Fed’s 2 percent target, as price increases take time to come down.
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U.S. Economy Grew Faster Than Expected in Second Quarter, at 2.8% Rate
The report on gross domestic product offered new evidence of the economy’s resilience in the face of high interest rates.
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Stock Market Rotation Leads to Small Cap Rally
Shifting views on the economy have led to a “rotation” in the stock market. Small stocks and companies geared toward the economic cycle are rising. Big Tech is lagging.
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China Unexpectedly Cuts Interest Rate as World Markets Sag
The central bank lowered a key rate in its latest effort to steady China’s economy, as Asian stock markets followed Wall Street down.