Two-thirds of the roughly 150 currencies have weakened against the dollar, whose strength stems from high interest rates because of stubborn inflation.
Category: Interest Rates
-
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.
-
How High Wall Street Thinks the Fed Will Keep Interest Rates
Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.
-
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.
-
Americans Went All-In on Self-Storage. That Demand Is Suddenly Cooling.
Many developers, spurred by the pandemic to invest money in new self-storage facilities, have been caught short by this drop in demand.
-
U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.
-
U.S. Economy Grew at 1.6% Rate in First Quarter Slowdown
Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.
-
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.
-
High Borrowing Costs Have Some Democrats Urging Biden to Pressure the Fed
Polls show voters are angry about costs, like mortgages, and worried they will stay high if the president wins re-election.
-
‘Aging in Place, or Stuck in Place?’
Homeownership is not the boon to older Americans that it once was.
-
‘It’s Clearly Bleak’: Stocks Set for Longest Losing Streak in Months
A rally at the start of the year has given way to worries about economics and geopolitics on Wall Street.
-
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.