Fed Chair Says He Expects Slower Rate Increases to Continue
After rapid interest rate increases, Federal Reserve officials could move to a steadily slower pace — though they aren’t ready to commit.
Posted inBank of England Banking and Financial Institutions European Central Bank Federal Reserve System Inflation (Economics) Interest Rates Lagarde, Christine Powell, Jerome H Ueda, Kazuo United States Economy
Top Central Bankers Expect More Rate Increases Amid Stubborn Inflation
The heads of the Federal Reserve, European Central Bank and Bank of England said that while inflation was moderating somewhat there was still more work to be done.
Posted inBiden, Joseph R Jr Donilon, Mike Dunn, Anita Federal Reserve System Gopinath, Gita internal-storyline-no Labor and Jobs Polls and Public Opinion Powell, Jerome H Presidential Election of 2024 United States Economy
Can Bidenomics Revive Biden’s 2024 Presidential Bid?
The president plans to extol his economic achievements in a big campaign-style speech. But inflation and recession fears could overshadow the message.
Posted inBuilding (Construction) Federal Reserve System Inflation (Economics) Interest Rates Millennial Generation Powell, Jerome H Prices (Fares, Fees and Rates) Real Estate and Housing (Residential) Renting and Leasing (Real Estate) Telecommuting United States Economy Waller, Christopher (1959- )
What Is Happening in the Housing Market?
Home construction surged in May and prices have ticked up, even with interest rates at a 15-year high. The resilience has surprised some economists.