Small Businesses Keep Hiring as Fed Raises Rates to Cool Economy

Central bankers have pointed to the labor market as a primary driver of high inflation. Read More

Officials cited strong hiring to justify raising interest rates, Fed minutes reveal

That message reflected concern that Wall Street ... counter the Fed’s efforts to cool the economy. Overall, the minutes showed that Fed officials remained determined to keep rates high to ... Read More

Why good news is bad news on Wall Street

Strong economic reports mean the Federal Reserve ... raise rates for longer to slow the economy and cool inflation. Rate hikes are bad news for stocks because they eat into companies’ profits ... Read More

Recession watch: U.S. economy is on shaky ground

Has the U.S. economy already toppled into a recession? Probably not, but it’s headed toward the danger zone. The economy entered the new year with fading momentum. Rising interest rates orchestrated ... Read More

Fed Minutes Show Commitment to Keep Interest Rates High in 2023

while also noting the economy had improved in the second half of the year. The minutes show a Fed resolutely committed to hiking interest rates as a way to contain inflation and fearful that ... Read More

Four things to watch for in the economy for businesses in 2023

Expect the Fed to keep raising rates, which means the cost of loans for businesses ... economy will grow around 2 percent in 2023, the forecast presents a perfect situation for bad actors on Wall ... Read More

Why the Fed Should Raise Rates by Half a Percent

The central bank can maintain flexibility and regain some credibility with a larger-than-expected increase next week. Read More

US economy slowed but still grew at 2.9% rate last quarter

The resilience of the U.S. job market has been a major surprise. Last year, employers added 4.5 million jobs, second only to the 6.7 million that were added in 2021. Read More

Is US economy in recession? How would we know?

The second consecutive quarter of economic growth that the government reported Thursday underscored that the nation isn’t in a recession despite high inflation and the Federal Reserve’s… ... Read More