News on this topic
Profile picture of Forbes
How The Fed Is Going To Make Life Miserable: The Fed announced a third consecutive interest rate hike by 0.75 percentage points on Wednesday.
forbes.com/sites/jackkelly/2022/09/26/how-the-fed-is-going-to-make-life-miserable/
How The Fed Is Going To Make Life Miserable
Profile picture of usnews.com
A Hard Landing for the Economy Is Looking More Likely: The economy may not be able to escape causing a recession.
usnews.com/news/economy/articles/2022-09-26/a-hard-landing-for-the-economy-is-looking-more-likely
A Hard Landing for the Economy Is Looking More Likely
Profile picture of CNBC
Wharton's Siegel says Jerome Powell owes 'the American people an apology' for poor Fed policy
cnbc.com/2022/09/26/whartons-siegel-says-jerome-powell-owes-the-american-people-an-apology-for-poor-fed-policy.html
Wharton's Siegel says Jerome Powell owes 'the American people an apology' ...
More articles on this subject
Profile picture of Forbes
How The Fed Is Going To Make Life Miserable: The Fed announced a third consecutive interest rate hike by 0.75 percentage points on Wednesday.
forbes.com/sites/jackkelly/2022/09/26/how-the-fed-is-going-to-make-life-miserable/
How The Fed Is Going To Make Life Miserable
Profile picture of usnews.com
A Hard Landing for the Economy Is Looking More Likely: The economy may not be able to escape causing a recession.
usnews.com/news/economy/articles/2022-09-26/a-hard-landing-for-the-economy-is-looking-more-likely
A Hard Landing for the Economy Is Looking More Likely
Profile picture of CNBC
Wharton's Siegel says Jerome Powell owes 'the American people an apology' for poor Fed policy
cnbc.com/2022/09/26/whartons-siegel-says-jerome-powell-owes-the-american-people-an-apology-for-poor-fed-policy.html
Wharton's Siegel says Jerome Powell owes 'the American people an apology' ...
Profile picture of Yahoo Finance
Recession odds just skyrocketed up to 80%, says former Reagan economist and hyperinflation expert
finance.yahoo.com/news/recession-odds-just-skyrocketed-80-153535810.html
Recession odds just skyrocketed up to 80%, says former Reagan economist ...
Profile picture of American Banker
What will the Fed do, and will it work? Forecasters don't always know: Two new academic research papers consider what what the Fed is trying to communicate ...
americanbanker.com/news/a-closer-look-at-the-fed-and-the-economic-forecasters-watching-it
What will the Fed do, and will it work? Forecasters don't always know
Profile picture of Axios (website)
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
U.S. economy grew at 1.6% annualized rate in first quarter
Profile picture of Fox Business
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Mortgage demand falls again as interest rates soar past 7%
Profile picture of Fox Business
Stock market sell-off has 'further to go,' JPMorgan warns: JPMorgan analysts warned in a note to clients this week that the U.S. stock market sell-off has ...
foxbusiness.com/markets/stock-market-selloff-has-further-go-jpmorgan-warns
Stock market sell-off has 'further to go,' JPMorgan warns
Profile picture of The New York Times
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Profile picture of Investor's Business Daily
The Fed's Key Inflation Rate Sizzles As GDP Slows: The key Federal Reserve inflation rate, the core PCE price index, reared up in Q1 as GDP grew at a slower ...
investors.com/news/economy/federal-reserve-inflation-rate-core-pce-gdp-q1-sp-500/
The Fed's Key Inflation Rate Sizzles As GDP Slows
Profile picture of Reuters
US bond bulls lean into latest selloff despite inflation scare: A sharp selloff in U.S. bonds so far in April is prompting some investors to consider allocating ...
reuters.com/markets/us/us-bond-bulls-lean-into-latest-selloff-despite-inflation-scare-2024-04-22/
US bond bulls lean into latest selloff despite inflation scare
Profile picture of The Hill (newspaper)
To fight inflation, we should look for ways beyond the Fed’s policies: The obvious problem is that almost total reliance on the Fed to defeat inflation by ...
thehill.com/opinion/4611543-to-fight-inflation-we-should-look-for-ways-beyond-the-feds-policies/
To fight inflation, we should look for ways beyond the Fed’s policies
Profile picture of Investor's Business Daily
Where To Find Princely 5% Yields For Your Cash And Take No Risk: The Federal Reserve threw you a curveball with interest rates. Cash is still king as inflation ...
investors.com/etfs-and-funds/personal-finance/interest-rates-how-to-cash-in-on-high-yielding-cash-cds-apys/
Where To Find Princely 5% Yields For Your Cash And Take No Risk
Profile picture of CNN.com
Mortgage rates surge past 7%, reaching highest level since November: Mortgage rates soared this week, breaching the key 7% threshold and extending America’s home ...
cnn.com/2024/04/18/economy/mortgage-rates-7-percent/
Mortgage rates surge past 7%, reaching highest level since November
Quick Glance: Mortgage Rates Surge Above 7% in 2024, Posing Major Dilemma for Homebuyers
  • US mortgage rates have surged above 7%, increasing costs for homebuyers.

  • The rise in mortgage rates impacts monthly costs, limiting purchasing power.

  • Uncertainty surrounding rate trends poses a decision dilemma for potential homebuyers.

  • Experts anticipate a moderate easing of mortgage rates later in the year.
Profile picture of Axios (website)
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Biden's new take on inflation: Trump would be worse
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
  • The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.

  • March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.

  • Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.

  • Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
Profile picture of Insider (news website)
Stock Market Crash: 3 Charts Show Market Headed For Trouble: "We say rising no landing risks = rising hard landing risks," says Michael Hartnett.
businessinsider.com/stock-market-crash-bubble-charts-trouble-ahead-bank-of-america-2024-4
Stock Market Crash: 3 Charts Show Market Headed For Trouble
Profile picture of Reuters
Powell's 'restrictive' emphasis maximizes Fed flexibility: Central bankers choose their words carefully, so recent comments from the Federal Reserve's two most ...
reuters.com/markets/us/powells-restrictive-emphasis-maximizes-fed-flexibility-mcgeever-2024-04-19/
Powell's 'restrictive' emphasis maximizes Fed flexibility
Profile picture of Insider (news website)
Fed rate cuts: Best-case scenario in tatters after hot March inflation: Not only are the number of rate cuts dwindling among bank forecasts, but Larry Summers ...
markets.businessinsider.com/news/stocks/fed-rate-cuts-outlook-inflation-rate-cpi-stock-market-economy-2024-4
Fed rate cuts: Best-case scenario in tatters after hot March inflation
Profile picture of Bloomberg
Inflation’s Last Mile Will Test Jerome Powell and the Federal Reserve: Slower disinflation and approaching elections are a dangerous combination.
bloomberg.com/opinion/articles/2024-04-23/inflation-s-last-mile-will-test-jerome-powell-and-the-federal-reserve
Inflation’s Last Mile Will Test Jerome Powell and the Federal Reserve
Profile picture of Reuters
Fed policymakers agree: there's no urgency to cut rates: Federal Reserve policymakers have coalesced around the idea of keeping borrowing costs where they are ...
reuters.com/markets/us/feds-williams-doesnt-see-urgent-need-cut-interest-rates-2024-04-18/
Fed policymakers agree: there's no urgency to cut rates
Profile picture of Detroit Free Press
Fed: Don't expect rate cut: On Wednesday, Federal Reserve Chair Jerome Powell firmly shut the door on rate cuts, citing lack of confidence in progress on ...
freep.com/story/money/business/2024/04/20/fed-dont-expect-a-rate-cut/73353083007/
Fed: Don't expect rate cut
Profile picture of Bloomberg
Central Bankers Should Retire the 2% Inflation Target: With the energy shock now a memory, central bankers require more flexible objectives.
bloomberg.com/opinion/articles/2024-04-17/central-bankers-should-retire-the-2-inflation-target
Central Bankers Should Retire the 2% Inflation Target
Profile picture of CNBC
Fed Chair Powell says there has been a 'lack of further progress' this year on inflation
cnbc.com/2024/04/16/powell-cites-lack-of-progress-this-year-in-reaching-feds-inflation-goal.html
Fed Chair Powell says there has been a 'lack of further progress' this ...
Profile picture of Axios (website)
Wall Street traders keep underestimating America’s economic strength: It's the exact opposite of what happened in the 2010s
axios.com/2024/04/14/stock-market-bonds-interest-rates-us-economy
Wall Street traders keep underestimating America’s economic strength
Profile picture of The Wall Street Journal
Opinion | Why Is the Federal Reserve Always Surprised by Inflation?: The central bank owes the public an explanation—and a serious effort to correct its flawed ...
wsj.com/articles/why-is-the-federal-reserve-always-surprised-by-inflation-jerome-powell-guidance-7efcad64
Opinion | Why Is the Federal Reserve Always Surprised by Inflation?