Economy News Economy Relatively Strong Despite High Interest Rates

Economy expanded at a surprisingly strong 4.3% last quarter

The U.S. economy economy expanded at a strong 4.3% annual rate from July through September as consumer spending, exports and government spending all grew ... Read More

How U.S. Interest Rates Move the World Economy

Because the U.S. has the world's largest economy, fluctuations in America's interest rates affect much more than domestic growth. 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

The Fed just cut interest rates for the third-straight time

The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move. Read More

China Set to Keep Rates Steady for Seventh Month Despite Slowing Economy

The consensus comes after the People's Bank of China this ‌month kept its seven-day reverse repo rate unchanged at 1.4%. The key policy rate underpins ​LPRs. China's ‌economy stalled in November, with ... Read More

4 key takeaways from Powell as the Fed cuts interest rates

The Fed cut interest rates for the third time this year on Wednesday. From inflation to the job market to stocks, here are the biggest takeaways. Read More