Economy

Here’s what it would take for the Fed to start slashing interest rates in 2024

Interest rate cuts don’t happen during good times, something important for markets to remember amid hotly anticipated easing next year…

Fed’s Barkin says rate hikes are still on the table if inflation doesn’t continue to ease

Richmond Federal Reserve President Thomas Barkin said Wednesday that policymakers need to retain the option of raising interest rates if…

U.S. GDP grew at a 5.2% rate in the third quarter, even stronger than first indicated

The U.S. economy grew at an even stronger pace then previously indicated in the third quarter, the product of better-than-expected…

Market vulnerabilities and a possible U.S. recession: Strategists give their cautious predictions for 2024

With central banks having hiked interest rates at breakneck speed and those rates likely to stay higher for longer while…

Former Trump advisor says the U.S. economy is ‘back to normal,’ but markets may be jumping the gun on rate cuts

The U.S. economy is “back to normal” for the first time in two decades, but the market is getting ahead…

Stocks making the biggest moves after hours: NetApp, Workday, Leslie’s, Las Vegas Sands and more

Check out the companies making headlines in extended trading. Workday — Stock in the workforce platform provider added more than…

Fed’s Waller expresses confidence that policy is in the right place to bring down inflation

Federal Reserve Governor Christopher Waller said Tuesday he’s growing more confident that policy is in a place now to bring…