The central bank is expected to raise rates three-quarters of a point today, but what it says about its next steps will be even more important.
Category: Interest Rates
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How the Treasury Market Predicts and Influence Interest Rates
The market for U.S. government bonds, called the Treasury market, offers predictions on the path for interest rates and the economy.
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Corporate America Has a Message for the Fed About Inflation
If Federal Reserve Chair Jerome H. Powell and his colleagues look at company earnings reports, these themes might catch their eye.
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Jerome Powell Is Popular. His War on Inflation Could Change That.
Jerome H. Powell, who is well liked across the political spectrum, is presiding over the fastest interest rate increases in generations, with another one expected this week.
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Inflation, GDP and the Economy: What We Learned This Week
Fresh data on inflation and growth, and actions by policymakers , created a complex picture of the global economy.
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Bad News for the Fed As Inflation and Wages Continue to Climb Rapidly
The Federal Reserve’s preferred inflation measure showed that price gains remained fast in September, and a gauge of wages it watches closely is climbing quickly.
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U.S. Mortgage Rates Soar Past 7%
The average rate on 30-year mortgages — the most popular kind among Americans — rose to the highest level since 2002, tracking the Federal Reserve’s aggressive campaign of rate increases.
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US Economy Grew at 2.6% Annual Rate in Q3, GDP Report Shows
Gross domestic product increased 0.6 percent after two quarters of decline, but key components continue to show an economic slowdown.
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European Central Bank Is Set to Raise Interest Rates Again
Policymakers on Thursday are expected to approve a hefty rate increase to corral prices that have risen “far too high.”
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A Rising Dollar Is Hurting Other Currencies. Central Banks are Stepping In.
The Federal Reserve’s interest rate hikes are unsettling global markets and prompting other central banks to prop up their domestic currencies.
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Rishi Sunak, New UK Prime Minister, Delays Economic Plan
Mr. Sunak’s government, seeking more time to make the “right decisions,” will deliver its first economic plan on Nov. 17 instead of Monday.
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Another Yield Curve Inversion Rings Recession Alarm Bells
A so-called inverted yield curve between three-month and 10-year interest rates is considered by Wall Street as a reliable sign of an impending economic slump.