Fed approves hike that takes interest rates to highest level in more than 22 years
WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their…
15 years of low interest rates reshaped the U.S. economy. Here’s what’s changing as rates stay higher for longer
The United States is entering a new economic era as the Federal Reserve has been hiking its benchmark interest rate.…
Here’s what to expect from the Federal Reserve meeting Wednesday
Despite an improving inflation picture, the Federal Reserve is expected on Wednesday to approve what would be the 11th interest…
The war against inflation is a long way away from being won
Don’t break out the party hats just yet: Despite recent signs that inflation is cooling, the fight to bring down…
Payrolls report Friday likely to show a jobs market that is still hot
The U.S. jobs market is still on fire, no matter how much effort policymakers put into cooling it off. Despite…
Fed sees more rate hikes ahead, but at a slower pace, meeting minutes show
Almost all Federal Reserve officials at their June meeting indicated further tightening is likely, if at a slower pace than…
Watch Fed Chair Jerome Powell speak live at a policy forum in Portugal
[The stream is slated to start at 9:30 a.m. ET. Please refresh the page if you do not see a…
Powell says more ‘restriction’ is coming, including possibility of hikes at consecutive meetings
Federal Reserve Chairman Jerome Powell talked tough on inflation Wednesday, saying at a forum that he expects multiple interest rate…
Bricks over bytes: New hard asset ETF places big bet on real estate
A new ETF is making a big bet on real estate and other hard assets. CBRE’s Investment Management launched the…
Corporate bankruptcies and defaults are surging – here’s why
The Federal Reserve plans to keep hiking interest rates to stem inflation, which means an increase in corporate default rates…
