This Recession Indicator Hasn't Been Wrong in 59 Years: Here's What It Says Happens Next
The same can't necessarily be said for the Federal Reserve Bank of New York's recession probability tool. The New York Fed's ...
What To Expect From The Federal Reserve's Interest Rate Decision on Wednesday
In an economy wracked by uncertainty, one thing seems virtually guaranteed: the Federal Reserve will leave its key interest ...
Federal Reserve is likely to hold interest rates steady next week. But some consumer loans are getting cheaper.
Although inflation receded last month, an escalating trade war threatens to cause prices to rise on a wide range of consumer ...
Why this week's positive inflation reports won't look as good to the Fed
Citi thinks March will see a "much more favorable" reading, with the firm predicting an out-of-consensus call of the Fed resuming its rate cuts in May. Market pricing currently indicates a much ...
Trading Day: Another sea of red as tariffs trump ceasefire hopes
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
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Late car payments rise to highest level in over 30 years
The New York Fed reported in February that among all borrowers of auto loans, the share of borrowers who entered serious delinquency with payments at least 90 days past due increased to 3% in the ...
Here's why banks don't want the CFPB to disappear
The Consumer Financial Protection Bureau and its employees are in limbo after acting Director Russell Vought took over last ...
The Fed’s Fixation on a 2% Inflation Target Is Risky
The central bank needs to be open to reconsidering what’s appropriate in a world where adverse supply shocks are more common.
Mark Carney set to become Canada's new prime minister after Justin Trudeau's resignation
As Trump's trade war looms over Canada, the ruling Liberal Party has chosen veteran economist Mark Carney to replace Justin Trudeau.
Federal Reserve Chair Jerome Powell says interest rates on hold amid rise in economic uncertainty
Powell says the Fed is in no hurry to change course, citing "uncertainty" over the impact of the Trump administration ...
Fed Chair Powell says interest rates on hold with economic uncertainty widespread
Powell said the economy remains mostly healthy despite “elevated uncertainty.” He characterized Friday's jobs report, which ...
US adds 151K jobs in February as hiring and unemployment rate holds steady in first full Trump report
The figures came in below expectations of 160,000 jobs, but still represented an increase from January’s underwhelming ...