(The Center Square) – Despite solid wage growth in May, consumers showed some restraint, and inflation…
Tag: Interest Rates
Nevada’s housing crisis: Where the problem came from and why experts don’t like Biden’s approach
As Democrats and Republicans pitch their hot-button talking points this election cycle, voters in Nevada might…
Inflation fell slightly to 3.3% in May
Inflation fell a tenth of a percentage point to 3.3% for the year ending in May, a…
Reporter’s Notebook: Home sales drop due to high interest rates
Washington Examiner Economics Reporter Zach Halaschak joins Magazine Executive Editor Jim Antle to discuss the update regarding…
Could an economic surprise doom Biden? Here’s what election models say
A range of economic developments in the coming months could tip the presidential election toward or…
Inflation and consumer sentiment readings tough for Biden in election year
Inflation has not fallen anywhere near where the Federal Reserve hopes, and consumer sentiment is souring…
Fed holds interest rates steady as 2024 cut gets more elusive
The Federal Reserve held interest rates steady Wednesday following several months of higher-than-expected inflation, with investors…
Investors now see no interest rate cut before election in major blow to Biden
Investors now peg greater than even odds that there will not be a single interest rate…
GDP grew at 1.6% rate in the first quarter, lower than expected
The economy expanded at a 1.6% seasonally adjusted annual rate in the first quarter of this year,…
New home sales rose 8.8% in March despite higher mortgage rates
New home sales rose in March despite the housing market feeling the effects of higher mortgage rates, which have recently inched…
Soaring interest rates punish consumers and taxpayers
After six months of internalizing a soft landing for the economy, investors have stomached the reality…
New threat to Biden: Rising odds of no rate cuts before election
The rising odds that the Federal Reserve might not cut interest rates at all this year…
Inflation rose to 2.1% in March in producer price index, adding to signs prices are hot
Inflation, as measured by the producer price index, rose 0.6 percentage points to 2.1% for the year ending in…
The inflation vs. abortion, borders vs. democracy election
The 2024 election is a rematch between President Joe Biden and former President Donald Trump, but…
Hot prices: Inflation rose to 3.5% in March in bad news for Biden and Fed
Inflation rose to 3.5% for the year ending in March, the Bureau of Labor Statistics reported…
Economy crushes expectations with 303,000 new jobs in March
The economy added 303,000 jobs in March, the Bureau of Labor Statistics reported Friday, a number that exceeds expectations…
Key Fed official raises possibility that interest rates won’t be cut in 2024
A top Federal Reserve official said the central bank may not lower interest rates as expected…