Economy News Economy Struggling With High Interest Rates And Stubborn Inflation

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 infla ... Read More

What could happen to interest rates after crunch Budget? Experts reveal predictions and what it means for YOU

MILLIONS of Brits are waiting with bated breath to see if the Bank of England will deliver a pre-Christmas cash boost following the Chancellor’s crunch Budget. With inflation hovering around ... Read More

Wait, I thought the economy was terrible. What happened?

“The economy is struggling to create jobs. The unemployment rate is low but it’s now showing some stress,” Zandi said, adding that the closer the rate gets to 5%, the greater the risk of a ... Read More

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

The Fed Minutes Show the Split Over a December Rate Cut

The bank could be moving toward another interest-rate cut this year. It could also be finished easing for now. Read More

UK inflation rate falls for first time since March to 3.6%

As we've been reporting, the UK's inflation rate has fallen to 3.6% in the year to October, according to the Office for National Statistics. It's the first drop since March, and the lowest the rate ... Read More

How can the Fed be cutting interest rates again with inflation running so high?

Consumer-price inflation is at 3%, well above the Federal Reserve's target Federal Reserve Chair Jerome Powell speaks at a news conference in September. The Federal Reserve is almost universally ... Read More

Inflation just rose again. Here's how that could impact mortgage interest rates.

Inflation is on the rise again. That was the major economic takeaway on Friday morning after the Bureau of Labor Statistics released its delayed reading on inflation for September. Released later than ... Read More

Bessent Says High US Interest Rates May Have Caused Housing Recession

(Reuters) -Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the ... Read More

Trump tells Americans the economy is better than ever at McDonald’s summit: ‘This is also the golden age’

The president said he wanted the term “affordability” to belong to Republicans, not Democrats amid growing economic anxiety. Read More

Are car loan delinquencies a sign of a struggling economy?

Car loan delinquencies are now at their highest level since 2009 and some economists are sounding alarm bells for what it means for the economy. Delinquencies, defined as 60 days or more past due, are ... Read More