Economy News Economy Struggling With High Interest Rates And Stubborn Inflation
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Rescue the job market or stop inflation? A rate cut from the Fed this week could hit your wallet — and your paycheck
With inflation creeping higher again, cash sitting in a checking or low-rate savings account is effectively losing value. High-yield savings accounts are still offering returns above the current ... Read More
RBA preview December: set to hold rates amid stubborn inflation
Investing.com-- The Reserve Bank of Australia (RBA) is expected to leave interest rates unchanged at its Dec. 9 policy meeting, with investors looking for any shift in tone as the central bank ... 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
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
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