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

Australia's annual growth hits two-year high in Q3, markets weigh risk of rate hike

Australia's economy grew at the fastest annual pace in two years in the September quarter, fuelled by business, government and consumer spending as markets wagered the next move in interest rates ... Read More

A Zombie Economy Could Be America's Future

Over the next decade, the US economy will face two big challenges: higher interest rates and AI-generated disruption. Each invites the same solution: policies to keep rates below their market level. 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

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. Read More

Rick Rieder Bemoans Higher Rates In Economy Of Haves And Have Nots

When your name is being bandied about for the job of Federal Reserve chairman, people tend to listen to you, especially when you might be making the counterintuitive argument that interest rates ought ... Read More

These 5 Indicators Suggest Recession Risks Are Very High In 2026

Key recession signals include the Leading Economic Index, Consumer Confidence Index, plunging lumber prices, and freight market weakness, all pointing to a downturn. While a short-term year-end rally ... Read More

No one can seem to kill America’s economy, despite everyone’s best efforts

Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ... Read More

Is Now a Good Time to Lock In Certificate of Deposit Rates?

In the current economic climate, putting your money in a certificate of deposit account can provide some stability. If you can afford to lock up some of your funds for a set term, fixed-rate CDs ... Read More

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

Michigan's economy can no longer outrun aging population, report says

Without a young, innovative population to spark new companies, new jobs and new activity, Michigan’s economy is predicted to stagnate amid fluctuating political whims, according to a new report from ... Read More