Yellen announces $100 million affordable housing fund as shelter costs weigh on Biden
Treasury Secretary Janet Yellen on Monday unveiled a new slate of financing initiatives to support housing development, including a $100…
Trump previews debate attacks against Biden’s economy days before candidates face off
Former President Donald Trump on Saturday gave a brief glimpse of the ammunition he is loading up against President Joe…
Bank of England keeps rates at 5.25% in ‘finely balanced’ decision; traders lift bets for August cut
LONDON — The Bank of England on Thursday opted to keep interest rates steady at its June meeting, but described…
The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator
The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author…
How immigrants are helping keep job growth hot while inflation cools
Immigration — both authorized and unauthorized — has helped the U.S. job market sustain a fiery run in recent months…
Fed holds rates steady, indicates only one cut coming this year
The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before…
Biden cheers cooling inflation ahead of key Fed interest rate decision
President Joe Biden on Wednesday took a victory lap on the latest inflation report, which found that consumer prices did…
Fed meeting and inflation report both hit Wednesday, and the impact could be huge
Wednesday is shaping up to be one of the most important days of the year for economic news, as investors…
Turkey’s inflation passes 75% in what economists believe is peak
Inflation in Turkey topped 75% in May, up from 69.8% in April, in what economists expect to be the peak…
Fed’s favorite inflation gauge is expected to show very slow progress on Friday
Inflation is taking baby steps towards coming back to where policymakers want it, with a report due Friday expected to…
