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

Top economist says more rate cuts now would signal the economy is in danger

The Federal Reserve has already cut interest rates three times this year, but the loudest warning from one top economist is not about what has happened. It is about what another round of cuts would ... Read More

Federal Reserve cuts key rate, sees healthier economy next year

A government report last week showed that overall and core prices rose 2.8% in September from a year earlier, according to the Fed’s preferred measure. That is far below the spikes in inflation three ... 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

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

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

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

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

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

Trusteeship in high-inflation economy

Trustees in Nigeria today stand at a critical crossroads. Whether overseeing public debt issues, collective investment schemes, or corporate trusts, inflation continues to threaten the value of ... Read More