At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S.…
Inflation (Economics)
The Fed Is About to Hit Pause on Rate Cuts. Here’s Why.
At the Federal Reserve’s final gathering of 2024, Chair Jerome H. Powell announced that the U.S.…
Trump’s Inflation Fix Centers on Energy Emergency That Doesn’t Exist
President Trump has put unleashing American energy production at the center of his economic agenda, saying…
Taking Trump’s Tariffs Threats Seriously and Literally
Is Trump bluffing? President Trump’s tariff threats have perplexed and rankled foreign leaders and C.E.O.s for…
I.M.F. Raises U.S. Economic Forecast as Other Regions Lag
The U.S. economy is on track to grow faster this year than previously expected, the International…
30-Year Mortgage Rate Rises Above 7% for First Time Since May
The average rate on 30-year fixed-rate mortgages surpassed 7 percent for the first time since May,…
CPI Rose in December, a Sign the Fed’s Inflation Fight Has Stalled
Consumer prices rose more quickly in December, the latest sign that the Federal Reserve’s fight against…
U.S. Employers Add 256,000 Jobs in December
Employers stuck the landing in 2024, finishing the year with a bounce of hiring after a…
Stocks and Bonds Fall After Strong Jobs Report Fuels Interest Rate Concerns
Stocks and bonds tumbled on Friday, as investors’ worries over the scale of government borrowing were…