Fed declines to hike, but points to rates staying higher for longer
The Federal Reserve held interest rates steady in a decision released Wednesday, while also indicating it still expects one more…
The Fed would be ‘flying blind’ on interest rate decisions after a government shutdown
A looming government shutdown could prevent the Federal Reserve from raising rates in November, but not for the reason you…
Take the Fed forecast with a grain of salt. It has a terrible track record
On Wednesday, the Federal Reserve will publish its latest economic forecasts. There will be an intense focus on the Summary of…
Treasury Secretary Janet Yellen tackles ‘disconnect’ on Biden polling and U.S. economy
WASHINGTON — Treasury Secretary Janet Yellen on Tuesday said there is a “disconnect” between the actual performance of the U.S.…
Striking unions impacting the economy at a level not seen in decades
The auto workers’ strike is the latest in a series of labor-management conflicts that economists say could start having significant…
China’s retail sales surprise with faster growth in August, but real estate drag worsens
BEIJING — China’s retail sales and industrial production picked up pace in August with better-than-expected growth, according to National Bureau…
Bank of England bond sales creating a ‘selling gold at the bottom’ moment, strategist says
LONDON — The Bank of England’s rapid pace of bond sales is creating a “selling gold at the bottom” moment…
Christie lets Fed off the hook for inflation, blames Trump and Biden for overspending
Americans dogged by persistently high prices are finally getting signs of relief as inflation has slowly but steadily cooled over…
‘Really bad economics’: Nobel laureate Joseph Stiglitz explains where the Fed went wrong on inflation
The Federal Reserve “didn’t do their homework” and mischaracterized the spike in inflation that has plagued the U.S. economy over…
U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says
Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly…
