The numbers: Sales at retailers fell flat in September, potentially another chink in the armor of a U.S. economy that likely to slow in the months ahead as interest rates Read more
Tag: interest
This is how high interest rates might rise, and what could scare the Federal Reserve into a policy pivot
The stock market’s reaction to the latest inflation report Thursday underlined just how confused and fearful investors are. The S&P 500 SPX, +2.60% plunged as much as 3% shortly after Read more
Albertsons stock heads higher amid report of Kroger merger interest
Shares of Albertsons Cos. Inc. ACI, +10.54% were up more than 11% in Thursday morning trading after Bloomberg News reported that Kroger Co. KR, -1.23% was in merger talks with Read more
Fed’s benchmark interest rate may peak above 5% after Sept inflation data, some economists think
When the Federal Reserve started to raise its benchmark policy interest rate by super-sized 0.75 percentage points in June this year, a few Fed officials and private sector economists talked Read more
Opinion: The Fed needs to jack up interest rates a lot more to bring inflation back under control
The Federal Reserve must do more to fight inflation in an economy radically changed by the pandemic, conditions in China, the war in Ukraine. and climate change. Counterpoint: Leading indicators Read more
Fed’s Mester says there’s been no progress on inflation, so interest rates need to move higher
With little or no progress made on bringing inflation down, the Federal Reserve needs to continue raising interest rates, Cleveland Fed President Loretta Mester said Tuesday. “At some point, you Read more
Bernanke says Fed shouldn’t use interest rates to ‘fine-tune’ financial stability risks
The Federal Reserve shouldn’t use its interest-rate policy to “fine-tune” financial stability risks, said former Fed Chairman Ben Bernanke on Monday. Speaking to reporters at the Brookings Institution after he Read more
What will happen with inflation, interest rates and housing? Here’s what to expect in the next two years, and what could go wrong.
This article is reprinted by permission from NerdWallet. The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it Read more
Fed’s Cook backs policy of higher-for-longer interest rates
New Federal Reserve Board Governor Lisa Cook on Thursday said she supports additional interest rate hikes and keeping the benchmark policy rate high enough to dampen growth until the central Read more
Global economy will ‘crumble’ if Fed doesn’t stop hiking interest rates, billionaire investor Sternlicht says
““They are going to cause unbelievable calamities if they keep up their action, and not just here, all over the globe,” ” — Barry Sternlicht, CEO, Starwood Capital Group Billionaire Barry Read more