Economy

Watch Fed Chair Jerome Powell’s remarks on interest rate policy and the economy

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With odds of a Trump win rising, here’s what it could mean for Europe’s economy

With markets in recent weeks cranking up their bets that Donald Trump will win the presidential election, Goldman Sachs economists…

With high prices and mortgage rates, aspiring and current homeowners feel ‘stuck’

When Rachel Burress moved into her mother’s house around a decade ago, it seemed like a short-term stop on the…

The housing market, explained in 6 charts

It’s no secret that the housing market looks far different than it did a few years ago. While surging mortgage…

Wholesale prices rose 0.2% in June, slightly hotter than expected

A measure of wholesale prices rose more than expected in June as Wall Street assesses when the Federal Reserve will…

‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September

Markets now firmly expect a September interest rate cut in the U.S., but the Federal Reserve has a strong reason…

Inflation falls 0.1% in June from prior month, helping case for lower rates

The monthly inflation rate dipped in June for the first time in more than four years, providing further cover for…

UK economy returns to growth in May, beating expectations as British pound hits four-month high

LONDON — The U.K. economy grew by 0.4% in May, flash figures published by the Office for National Statistics showed…

Key inflation report looms on Thursday as traders grow more confident in Fed rate cut

A widely anticipated inflation report on Thursday may solidify expectations for the Federal Reserve to cut interest rates in coming…

Fed Chair Powell says holding rates high for too long could jeopardize economic growth

Federal Reserve Chair Jerome Powell on Tuesday expressed concern that holding interest rates too high for too long could jeopardize…