A big jump in retail spending would be the next data point indicating a “no landing” of the economy. BofA analysts expect retail sales last month...
Inflation cooled in September, but less than economists expected. The consumer price index increased 2.4% over the year, above the forecast of 2.3%. The unexpectedly hot...
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It’s been nearly three weeks since the Federal Reserve cut interest rates for the first time in more than four years. While it’s true that the...
The US economy looks strong, but that’s tough news for those hoping for cheaper borrowing costs. Borrowers have been waiting for lower rates to improve the...
FRANKFURT (Reuters) – The U.S. jobs market has started to cool but remains resilient and the Federal Reserve is keen to avoid a drastic weakening of...
By Howard Schneider WASHINGTON (Reuters) – In U.S. Federal Reserve officials’ latest projections and recent public commentary, the overall economy is seen remaining in solid shape...
The September jobs report will be pivotal for markets. Payroll gains have slowed over the past two years, while the unemployment rate has been rising on-trend....
Economists at the Peterson Institute studied what would happen if Trump undermined Fed independence. They found that GDP would shrink, inflation would rise, and capital would...
US equities are trading near record highs after the Federal Reserve cut interest rates last week, but a long-time chartmaster doesn’t believe the euphoria is warranted....
The Fed’s interest rate cut will ease financing conditions for homebuilders, analysts told BI. But other issues will keep supply constrained, from material costs to labor...
One down. One to go. Wednesday’s interest-rate cut might have marked the end of the Fed’s fight with inflation, but it also signaled the start of...