Interest rates

Federal Reserve Chair Jerome Powell urged the central bank’s forecasters Wednesday to remain flexible and “think outside” traditional economic models as they continue to offer projections for a post-pandemic economy that has repeatedly…
Read More...

By Christopher Rugaber | Associated Press WASHINGTON — The Federal Reserve kept its key short-term interest rate unchanged Wednesday for a second straight time but left the door open to further rate hikes if inflation pressures should…
Read More...

WASHINGTON: The nation's employers added 336,000 jobs in September, an unexpectedly robust gain and the largest monthly rise since January, evidence that many companies remain confident enough to keep hiring despite high interest rates and…
Read More...

While the summer brought lower inflation rates, higher jobs rates and boosts of consumer spending, Bloomberg Economics is warning a recession is more likely than not happening soon. Citing the ongoing autoworkers strike, the return of…
Read More...