The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
Category: United States Economy
-
High Inflation and New Tariffs Will Make the Fed’s Job Tougher
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.
-
Boomers Could Cause a ‘Silver Tsunami.’ Is It a Crisis or an Opportunity?
The impending wave of an aging U.S. population is either a crisis or an opportunity … depending on whom you ask.
-
Federal Debt Is Now Worrying Even Progressives
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.
-
U.S. Economy Grew 2.3 Percent in Fourth Quarter
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
-
Higher Interest Rates Make Federal Debt More Expensive
The Fed’s key rate has a bearing on the sustainability of public borrowing, which is heading to striking levels.
-
Trump’s Tariffs Scramble Fed’s Interest Rate Calculus
Economists predict that the Trump administration’s trade policies could push up prices for consumers, making it harder for Fed officials to cut rates.
-
How Fed Rates Influence Mortgages, Credit Cards, Savings and More
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
-
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.
-
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on cutting interest rates.
-
Senate Confirms Scott Bessent as Treasury Secretary
Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.
-
Existing-Home Sales in 2024 Were Slowest in Decades Amid High Mortgage Rates
The market perked up late in the year when interest rates eased, but affordability challenges yielded the fewest transactions since 1995.