Economy News Economy Relatively Strong Despite High Interest Rates
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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 expected to cut rates despite deep divisions over US economic outlook
FT-Chicago Booth survey cites concern among officials about impact of weak jobs market and high prices on Americans ... Read More
No one can seem to kill America’s economy, despite everyone’s best efforts
Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ... Read More
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