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Economy

Displaying 66 results

Topic

Hints of jobs slowdown put Fed on the alert

Hints of impending weakness in the labor market add to the central bank's list of risks to manage.

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Making ends meet a worry even for America’s high earners

Fed survey finds three-tenths of high-income consumers are concerned about their finances in the next six months.

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Whatever happened to all those Fed rate cuts Wall Street promised?

A Loomis Sayles fixed income strategist explains what happened and offers guidance on what investors can expect in the second half of 2024.

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Still upside risks left to inflation, says Fed’s Bowman

Pinpointing several hotspots, the Federal Reserve governor is standing pat on projecting no rate cuts this year.

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After growing 81.5% over 20 years, household debt is at a historic high

Analysis of Federal Reserve data finds student loan debt quadrupled, while mortgages make up the lion’s share of total debt.

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Trump tax proposals would spark “mother of all stagflations,” warns Larry Summers

The former US Treasury secretary blasts the policy platform of tariff hikes, income tax cuts, and Federal Reserve pressure.

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Federal Reserve reveals June rate decision

Central bank signals new speed of cuts as it adjusts language in its post-meeting statement.

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Broad cooling of inflation brings more hope for Fed rate cuts

May data show second straight monthly slowdown in key CPI metric in positive surprise for policymakers.

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Dollar rockets toward 2024 record amid inflation, Fed watch

Wednesday's one-two punch of CPI data and rate decision could spur the world's strongest currency on.

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Strong jobs data push JPMorgan, Citi to scrap July rate-cut bets

Economists at the banking giants changed their tune following the surprising May employment data.

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Americans looking forward to more student loan relief

Federal Reserve Bank survey reveals many have higher hopes for federal student debt forgiveness, particularly older borrowers.

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Trump presidency would be worse for US debt, bond market than Biden, says Bill Gross

The famed bond king has weighed in, saying Donald Trump’s “more disruptive” tax and fiscal policies would aggravate the budget deficit.

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Most Americans financially OK, but worries remain, finds Fed

Annual survey reveals continuing concerns on inflation, the weight of housing expenses, and new data on childcare costs.

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Nobel laureate Krugman “fanatically confused” on interest rates

With arguments for both sides, the distinguished prizewinner says anyone claiming to know the medium-term direction of borrowing costs “is deluding themselves.”

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BlackRock’s fixed-income CIO says rate cuts, not hikes, key to taming inflation

Federal Reserve’s hawkish policy on interest rates could be fueling the fire as well-heeled investors reap the benefits.

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Dow average touches historic 40,000 mark on continued rate-cut hopes

The storied stock index is hovering around all-time highs as the latest 10,000-point milestone puts bulls in charge.

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The Fed gets some breathing room as core CPI cools in April

The moderating inflation metric offers some hope, but the US central bank needs more before considering a dovish turn.

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Powell preaches patience as he reiterates higher-for-longer stance

The Federal Reserve chair sees continuing need for hawkish rate hold amid sticky inflation and continuing strength in the jobs market.

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Greenback bounceback set to stay

The resurgent US dollar reflects global view of the economy.

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Investors remain optimistic despite growing economic concerns: Morgan Stanley

But how will changing expectations of a soft landing impact portfolio management?