Economy News How Higher Rates For Longer Can Be Good News For The Economy

Interest Rate Cut and Slower Inflation Offer Britons a Reprieve

Britain’s central bank reduced interest rates to 3.75 percent, a move that was welcomed by the government, which has been looking to lower the high cost of living. Read More

Even if Fed cuts rates again, U.S. economy may not get much of a boost

Rate-sensitive industries, like housing, could see a limited benefit from lower borrowing costs because prices remain near record highs. Read More

Unemployment rate rises, signaling weakness in the economy

The labor market cool down continued this fall, according to new jobs numbers released on a delayed scheduled by the Labor Department. Read More

Dow, S&P 500 end at records because investors feel good about the economy — beyond the AI boom

Investors were moving away from tech stocks, and using that money to push other parts of the market to new records ... Read More

Fed may not give Trump his rate cuts, but has set out a positive view of the 2026 economy

The U.S. Federal Reserve may not give President Donald Trump all the rate cuts he wants, but the view of the economy policymakers included in new economic projections on Wednesday should buoy the ... Read More

Hicks: What can we expect from the economy over the next few months?

We only have public data through September, which means we haven’t yet seen the full picture of price increases. Read More

As the shutdown drags on, here’s how it can drag down the economy

The federal government shutdown has lasted all month and is on pace to become the longest on record. While history has shown that the economy typically rebounds from a shutdown within a couple of ... Read More

Fed Delivers Third Rate Cut—Is a Recession Now Inevitable?

The Fed cut rates to 3.5%–3.75%, but rising layoffs, bankruptcies, and weak growth are fueling fears of a US recession. Read More

Average long-term mortgage rate edges higher to 6.24%

The average rate on a 30-year U.S. mortgage edged higher for the second week in a row, though it remains near its low point so far this year. The average long-term mortgage rate ticked up to 6.24% ... Read More

Another rate cut? Here is what it means for your money

"The accumulated savings from the Fed’s moves are starting to add up to real money," says Matt Schulz, chief consumer finance analyst at LendingTree and author of “Ask Questions, Save Money, Make More ... Read More