Economy News Economy Struggling With High Interest Rates And Stubborn Inflation

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

Fed's Hammack says restrictive monetary policy needed to cool inflation

Cleveland Federal Reserve President Beth Hammack said on Thursday monetary policy needs to remain in a position where it can help lower inflation pressures, suggesting she leans against the U.S. Read More

Inflation Pressures Linger, Investors Eye Exotic Plays

Investors turn to these picks for diversification and potential alpha when traditional indexes trade near highs and bond yields are competitive. Such positions often carry higher volatility and ... Read More

Federal Reserve leaves interest rates unchanged despite stubborn inflation

The Federal Reserve left interest rates unchanged on Wednesday, despite stubborn inflation that has resisted the central bank's fight to cool price increases. The move allows previous rate increases ... Read More

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

The first point to remember, economists say, is that the Fed believes its current benchmark interest rate — at a range of 4% to 4.25% — is so high that it is actually slowing down the U.S. economy. Read More

Fed's Hammack leans against more rate cuts because of high inflation

Cleveland Federal Reserve President Beth Hammack said on Thursday ongoing high levels of inflation argue against the U.S. central bank cutting interest rates again. Read More

Stocks tumble as chances of December interest rate cut fade

Stocks tumbled on Thursday, as chances of a December rate cut appeared to fade. As of 1:51 p.m. ET, the S&P 500 was down more than 1.5%, the Nasdaq Composite was trading lower by 2.4% and the Russell ... Read More

The Bond Market Is Downplaying Fiscal And Inflation Risks, Focusing On Rate Cuts And Softer Economic Growth

The US government’s rising debt burden is old news. The question is whether bond markets will price in the elevated risk anytime soon. Going by the slide in yields, investors aren't worried. Read More

Consumer confidence dipped in October as inflation concerns persist

Consumer confidence slid for the third month in a row, new data shows, a sign that Americans' view of the economy is dimming in the face of a weakening labor market and stubborn inflation. The ... 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