Economy News Here S What Higher Interest Rates Mean For The Economy And You

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn ... Read More

High interest rates may have caused housing recession, Bessent says

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 ... Read More

Fed rate cuts and what they mean for the economy

President and CEO of Heritage Financial, Sammy Azzouz discusses the latest interest rate cut with political analyst Jon Keller and what it may mean for the market and the economy. Read More

Interest Rate Outlook: Will The BoC Be On Hold For All Of 2026?

The Canadian economy faces plenty of challenges for 2026, but that doesn’t necessarily mean investors should be expecting more rate cuts. Andrew Kelvin discusses the expectations for the BoC ... Read More

UK inflation rate falls for first time since March to 3.6%

As we've been reporting, the UK's inflation rate has fallen to 3.6% in the year to October, according to the Office for National Statistics. It's the first drop since March, and the lowest the rate ... Read More

Interest rates: Why did the Bank stick to 4% and what does it mean?

The Bank of England has kept interest rates at 4%, despite some economists predicting that the central bank would opt for a cut. In a tight decision, five of the nine-strong committee of rate-setters ... Read More

Inflation just rose again. Here's how that could impact mortgage interest rates.

Inflation is on the rise again. That was the major economic takeaway on Friday morning after the Bureau of Labor Statistics released its delayed reading on inflation for September. Released later than ... Read More

This Is How Our Economy Comes Crashing Down

But a closer inspection shows that an increasing number of structural supports — across businesses, labor markets, consumers and stocks — are looking wobbly. A Jenga-like collapse, meaning an ... Read More

What the Trump tariffs Supreme Court case could mean for the economy

The Supreme Court is set to hear oral arguments on Wednesday in a case that will determine the fate of President Donald Trump's steepest tariffs, carrying implications for prices paid by shoppers and ... Read More