Mester says Fed needs to keep interest rates higher for longer to cool inflation
admin The president of the Cleveland Federal Reserve welcomed “some easing” in U.S. inflation, but she…
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Commerzbank profit and revenue beat forecasts, thanks to higher rates, strong consumer business
Commerzbank AG said Wednesday that rising rates and strong customer business helped it to expectations-beating…
Read MoreWho really suffers when interest rates rise?
The Federal Reserve is raised interest rates by 75 basis points on Nov. 2 for…
Read MoreHome-buying sentiment hits all-time low, as mortgage rates surpass 7%, Fannie Mae says
Home shoppers have been so put off by elevated home prices and mortgage rates that…
Read MoreThe auto market was already reeling; now higher interest rates mean only the wealthy can afford a new car
The Fed is making new cars something only the wealthy can afford. The Fed has…
Read MoreNew stock-market lows ahead? What investors need to know as Fed signals rates will be higher for longer.
Federal Reserve Chairman Jerome Powell sent a clear signal interest rates will move higher and…
Read MoreDow skids 500 points, stocks end sharply lower after Fed increases rates and signals restrictive steps for longer
U.S. stocks gave up earlier gains to end sharply lower Wednesday, after the Federal Reserve…
Read MoreShipping giant A.P. Moeller-Maersk says it’s clear that freight rates have peaked
Shipping giant A.P. Moeller-Maersk on Wednesday said it’s clear that freight rates have peaked as…
Read MoreShipping giant A.P. Moeller-Maersk says it’s clear that freight rates have peaked
Shipping giant A.P. Moeller-Maersk on Wednesday said it’s clear that freight rates have peaked as…
Read MoreStocks post back-to-back losses Tuesday ahead of Fed decision on interest rates
U.S. stocks finished lower Tuesday for a second straight session, with risk appetite waning a…
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