Fed’s Mester cool to talk of potential ‘pause’ in rate hikes
admin Cleveland Federal Reserve President Loretta Mester on Thursday pushed back on the notion that the…
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The U.S. economy shrank in the first half of 2022, new GDP figures confirm
The numbers: The U.S. shrank in the first six months of the year, revised government…
Read MoreU.S. economy shrank in the first half of 2022, updated GDP figures confirm
The numbers: The U.S. shrank in the first six months of the year, revised government…
Read MoreGDP update may help solve a mystery on if a U.S. recession has already started
Using an old rule of thumb, the U.S. arguably fell into a recession earlier this…
Read MoreHere are two reasons the Bank of England had to step in and buy bonds
Why did the Bank of England say it would purchase government bonds, just a week…
Read MoreMortgage applications fall and adjustable-rate mortgages make a comeback
The numbers: After a brief uptick, mortgage applications resume their downward spiral as home buyers…
Read MoreLumber prices have dropped by more than 60% this year, and have room to fall even further
Lumber prices have dropped by more than 60% so far this year, but don’t count…
Read MoreOpinion: The Federal Reserve is missing a crucial turning point in its fight against inflation because it’s following flawed information
The Federal Reserve can’t see the probable economic crash that is coming because it’s still…
Read MorePopular bond-market recession gauge may go further below zero than any time since Paul Volcker, BNP says
One of the bond market’s most popular indicators of approaching U.S. recessions has the potential…
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Opinion: Rate hikes are spooking the market, but stock investors are focusing on the wrong rate
The stock market has been spooked by rising interest rates. Let’s think carefully, from a…
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