The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis and a pandemic, not to mention periods of too little inflation and too ...
On Sept. 17, the Federal Reserve decided, for the first time in nine months, to cut interest rates. The central bank decided to cut rates by 25 basis points, which in many respects is a positive thing ...
Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal Reserve to ...
Higher interest rates are reshaping the economic outlook for 2025, forcing investors, workers, and policymakers to rethink what a "soft landing" really looks like. Growth is still solid and inflation ...
Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that may be in recession because of high interest rates as he continues to call for the Fed to cut rates.
Mortgage rates are finally drifting down from their recent peaks, but the math on homeownership still does not work for a large share of American households. Prices climbed so far, and supply is so ...
A labor market chart suggests a recession could still be in the cards this year. Unemployment rate trends have predicted recessions, according to Société Générale's Albert Edwards. A silver lining may ...
Forecasts vary for how many more times the Fed could cut interest rates in 2026. Some say one, two or even three more rate cuts ahead. Mortgage rates already have fallen as markets anticipated a Fed ...
Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal ...
Bessent says high interest rates put housing sector into recession Federal Reserve should cut interest rates faster, Bessent says Low-end consumers hit hardest by high mortgage rates, Treasury ...