interest rates

Inflation report Tuesday will be critical for the direction of Fed policy

Inflation data from May will show that the price increases that have been bedeviling consumers for the past two years…

Inflation outlook hits two-year low in latest New York Fed survey

Consumers are growing more optimistic that inflation is on the way down, according to a New York Federal Reserve survey…

JPMorgan bond chief Bob Michele sees worrying echoes of 2008 in market calm

To at least one market veteran, the stock market’s resurgence after a string of bank failures and rapid interest rate…

Jobless claims increase more than expected to their highest since October 2021

First-time jobless claims rose sharply last week in a potential sign that the labor market is softening up after more…

‘Price bubble’ in A.I. stocks will wreck rally, economist David Rosenberg predicts

Investors piling into stocks with artificial intelligence exposure may pay a hefty price. Economist David Rosenberg, a bear known for…

Consumer debt passes $17 trillion for the first time despite slide in mortgage demand

Total consumer debt hit a fresh new high in the first quarter of 2023, pushing past $17 trillion even amid…

Former Fed Chair Ben Bernanke says there’s more work ahead to control inflation

WASHINGTON — Former Federal Reserve Chair Ben Bernanke, who guided the central bank and the U.S. economy through the Great…

Inflation rose 0.4% in April and 4.7% from a year ago, according to key gauge for the Fed

Inflation stayed stubbornly high in April, potentially reinforcing the chances that interest rates could stay higher for longer, according to…

Traders raise the chances for a Fed rate cut following April inflation report

Even with inflation running well above the Federal Reserve’s goal, markets became more convinced Wednesday that the central bank will…

Inflation rate eases to 4.9% in April, less than expectations

A widely followed measure of inflation rose in April, though the pace of the annual increase provided some hope that…