Interest Rates

The market immediately priced in much larger odds of a cut in March and May.

Federal Reserve Governor Michelle Bowman said on Tuesday that she expects the central bank will have to hike rates further to bring inflation down to its two percent target. “My baseline economic outlook continues to expect that we will need to increase

The market is convinced that the Federal Reserve is done with rate hikes. The Federal Reserve is not.

On Tuesday’s broadcast of CNN International’s “Quest Means Business,” Professor of Economics at Harvard University and former International Monetary Fund Chief Economist Ken Rogoff said that while we’ve had tight monetary policy with extremely high interest rates, “our government spending fiscal

A near-majority of American voters believe that former President Donald Trump’s top economic focus is to bring down the prices of goods, which they say is their top concern, according to a poll. In contrast, under a quarter believe this is Biden’s chief economic goal.

Fed officials are likely to see the October jobs numbers as justifying a decision not to raise their interest rate target at their December meeting.

The Federal Reserve is falling behind the curve again.

Wall Street has not let go of its conviction that the Federal Reserve will cut interest rates next year.

On Monday’s broadcast of CNBC’s “Last Call,” host Brian Sullivan stated that higher interest rates due to Federal Reserve rate hikes are endangering new energy projects, which is a problem considering that large amounts of coal and natural gas production

The Federal Reserve is planning on staying “patient” at this week’s meeting of the Federal Open Market Committee.

Federal Reserve Chair Jerome Powell’s remarks today gave plenty of reason to believe that the Fed will not hike rates at its November 1 meeting.

Powell sent a message that the Fed’s next “move” will be a long pause in interest rate changes.

Federal Reserve Governor Chris Waller on Wednesday drained some of the drama of the coming Halloween meeting of the Federal Open Markets Committee.

Philadelphia Federal Reserve President Patrick Harker said on Monday that he believes it is time for the Fed to stop raising rates.

With so many measures suggesting that disinflation has already nearly run its course, that makes rate hikes next year far more likely than the less-than-zero chance bonds markets currently reflect.

On Thursday’s broadcast of the Fox Business Network’s “Kudlow,” Breitbart Economics Editor John Carney reacted to the September CPI report and stated that the inflation progress over the summer appears to be an outlier and “when the Fed actually gets

The market believed that the Fed might not need to hike again because yields were already doing the work of another hike. And that’s when the bond market started laughing.

“Don’t let them immanentize the eschaton” was an improbably popular slogan among conservatives of the 1960s and ’70s. It now looks like a good maxim for considering inflation and interest rates.

The recession is back on, baby.

During an interview with ABC News on Friday, Rep. Haley Stevens (D-MI) stated that striking auto workers are concerned about whether they can afford to buy homes because “Housing prices are high right now. Interest rates are at a uniquely

The Federal Reserve appears to expect the softest of landings next year.

Applications for refinancing mortgages unexpectedly surged last week despite rising interest rates. The Mortgage Bankers Association (MBA) said that overall mortgage applications rose 5.4 percent last week. Purchase mortgage applications rose 2.3 percent and refinancings jumped 13.2 percent. The burst

The biggest question in economics today is whether the Fed can engineer a soft landing.

The announcement of the Federal Reserve’s interest rate target is likely to be the least interesting thing coming out of this week’s Fed meeting.

Sentiment declined for a second consecutive month in September.

On Wednesday’s broadcast of MSNBC’s “Andrea Mitchell Reports,” NBC Analyst and former Obama White House Press Secretary Robert Gibbs stated that in order for President Joe Biden’s poll numbers on the economy to improve, “the economy is going to have

It’s been more than ten years since we’ve seen figures this high.

Digital mortgage company Better.com, once a beacon of the fintech world, faced a harsh reality check as its stock plummeted 93 percent upon its Wall Street debut this week. Better.com became notorious when bumbling CEO Vishal Garg fired more than 900 employees over Zoom just before Christmas in 2021.

The Fed chairman warned that rate hikes may not be over and rejected the idea of raising the central bank’s inflation target.

The American dream of home ownership is fading into the distant past under the Biden administration with mortgage applications hitting their lowest level in nearly 30 years, the Mortgage Bankers Association (MBA) said Wednesday.

During a portion of an interview aired on Thursday’s broadcast of the Fox Business Network’s “Kudlow,” 2024 Republican presidential candidate former President Donald Trump said that if he is elected president, he would not renominate Federal Reserve Chair Jay Powell

Maybe history will call this week’s move by the Federal Reserve the Barbenheimer Hike.

The so-called “vibecession”—in which people feeling terrible about the economy despite very low employment—appears to be in retreat. Just ask Taylor Swift’s concert-goers.

Even the economists do not believe the Federal Reserve.

Long and variable? Maybe not. Fed Governor Christopher Waller have a speech titled “Big Shocks Travel Fast: Why Policy Lags May Be Shorter Than You Think” on Thursday night in New York.

On Friday’s broadcast of MSNBC’s “Ana Cabrera Reports,” acting Labor Secretary Julie Su acknowledged that the Federal Reserve hiking interest rates to tame inflation is hurting many people and stated that “We should acknowledge some of the pain that Americans