Economy News High Interest Rates, Rising Inflation The Economy Still Isn’t Normal

Fed Debate Heats Up: Cut Interest Rates to Save Jobs or Hold Firm Against Inflation?

A divided Fed faces tough choices ahead of its December meeting—cut rates to support jobs or hold firm to fight stubborn inflation. Read More

Two key figures for the RBA to cut rates revealed ahead of November meeting

Cash-strapped mortgage holders will be watching closely as the Reserve Bank prepares to announce its latest rate decision, with two key figures likely to determine when homeowners will get some much ... Read More

Rise in Key Interest Rate Hit Poorer Households Harder, ECB Economists Say

ECB economists found that interest rate rises from July 2022 had a more negative impact on poorer households than on their wealthier counterparts. Read More

Interest rates live: Bank of England holds rates in boost to savers

Bank of England holds rates in boost to savers ahead of Budget - The base rate remains at 4% though there will immediately be an expectation of a December cut ... Read More

Inflation is still rising, CPI likely to show - but maybe not fast enough to stop Fed rate cuts

Consumer-price index to be published during shutdown to finalize Social Security COLA Inflation might not have Americans spooked, but they are tired of paying more. The Federal Reserve is likely to ... Read More

Federal Reserve cuts rates to lowest level in three years

The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market. Read More

What today's inflation report says about the economy — and Social Security checks

Because of the shutdown, the federal government is belatedly releasing new Consumer Price Index numbers, which the Social Security Administration needs to adjust for next year's benefits. Well, much ... Read More