Economy News Inflation To Dog World Economy Next Year, Postponing Rate Cut Calls
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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
Why 10-year Treasury yield may hit 6% in next year or two on problematic inflation
Once banks become incentivized to boost loans, household and business spending will likely support higher inflation, said economist Steven Blitz of GlobalData TS Lombard Wall Street investors cheered ... Read More
Federal Reserve cuts rates to lowest level in three years
• The Federal Reserve said Wednesday it is lowering its benchmark interest rate by a quarter point, but offered no clear outlook for its next decision, due in December. • Central bank officials have ... Read More
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