What does 2025 hold for interest rates, inflation and the American consumer?
Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate ...
Fed’s higher inflation forecast and rate projections rattle the stock market
The stock market took an unexpectedly nasty tumble following a routine rate cut amid—critically—broader signals that the ...
CNN on MSN3d
Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.
The Daily Telegraph8d
Why return of inflation echoes 1970s-style economic nightmare
Inflation is back and the economy is contracting, raising the spectre of something economists and politicians dread: “stagflation”. A portmanteau of stagnation and inflation, the concept ...