The Federal Reserve is monitoring “core” price increases for a hint at how inflation will develop. They slowed slightly in May.
Category: United States Economy
When It’s Easy to Be a Landlord, No One Wants to Sell
Locked in at historically low interest rates. Platforms that make managing rentals a breeze. Homeowners have little incentive to put a house on the market.
What Recession? Some Economists See Chances of a Growth Rebound.
The Federal Reserve has raised rates rapidly. But instead of cracking, some data point to an economy that’s thriving.
Immigration Rebound Eases Shortage of Workers, Up to a Point
While the Biden administration has accelerated processing after Trump-era restrictions and a pandemic slowdown, visa backlogs remain large.
U.S. Hiring Surges With January Gain of 517,000 Jobs
The report defied expectations and underscored the challenges for the Federal Reserve, which is trying to cool the labor market to fight inflation.
U.S. employers added 517,000 jobs in January.
The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
Falling Mortgage Rates Bring Some Home Buyers Back to Market
Buyers are returning after being sidelined by a jump in borrowing costs, but experts say that the uncertain state of the economy is what will drive the market’s next moves.
Fed Meeting Today: Central Bank Expected to Lift Interest Rates
The central bank is expected to lift interest rates and offer signals about what might come next.
Wall St. Is Counting on a Debt Limit Trick That Could Entail Trouble
If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught.
Smaller Rate Increase by Federal Reserve Likely as Inflation Cools
America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes next.