High prices are still a problem
Gas station signboards display prices in Bethesda, Maryland on August 6, 2023. Mandel Ngan | AFP | Getty Images Thursday’s consumer price index report likely will show that the pace …
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What predictions of a ‘soft landing, no recession’ mean for you
Lucigerma | Istock | Getty Images Predictions that a recession may be looming for the U.S. economy have so far not come to fruition. Now, some experts are backing off …
How interest rates impact your money — from savings to mortgages
“It can be easy to think that the decisions made by central banks don’t impact the daily lives of normal people, however, the reality is they’re very much likely to,” …
Manage risk because people got Fed dead wrong
It’s vital for investors to manage risk right now no matter where interest rates go, according to CME Group CEO Terry Duffy. “Everybody that I’ve talked to over the last …
Powell’s conference had something for everyone
Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, July 26, 2023. Al …
Fed approves hike, interest rates rise 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 highest level in more than 22 years. In a move …
Here’s what to expect from the Federal Reserve meeting Wednesday
WASHINGTON, DC – JUNE 21: Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, D.C. Powell testified on the Federal Reserve’s …
Will another Fed rate hike help or hurt? How you may be affected
The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images After a pause last month, experts predict the Federal Reserve likely will raise rates by a …
The war against inflation is a long way away from being won
A food shopper searches for vegetables July 1, 2023 at the Hannaford supermarket in South Burlington, Vermont. Robert Nickelsberg | Getty Images Don’t break out the party hats just yet: …
Why declaring victory over inflation too soon may be a mistake
Last week’s consumer inflation numbers fell to their lowest annual rate in two years. A similar encouraging decline was seen in the producer price index, increasing bets that the Federal …