fed interest rates Archives - Daily Star News Today

U.S. corporate bankruptcies are soaring above the pandemic-era peak, adding to the economic alarms bells piling up

U.S. corporate bankruptcies are soaring above the pandemic-era peak, adding to the economic alarms bells piling up

The number of U.S. companies that filed for bankruptcy last month topped the highs seen during the early stages of the pandemic in 2020, when the...

The Fed could slash rates by 200 points over 8 meetings as the economy signals a sharper downtrend, Citi says

Bussiness4 months ago

The Fed could slash rates by 200 points over 8 meetings as the economy signals a sharper downtrend, Citi says

Get ready for a bonanza of rate cuts from the Federal Reserve that starts in a few months and extends all the way into next summer,...

The housing market’s lock-in effect could last into the next decade as mortgage rates stay high even with Fed cuts, BofA says

Bussiness4 months ago

The housing market’s lock-in effect could last into the next decade as mortgage rates stay high even with Fed cuts, BofA says

The lock-in effect that has kept U.S. housing market activity subdued probably isn’t going away this year or next year or even the year after that. It...

The Fed’s first rate cut may come right in the thick of the presidential campaign

Bussiness5 months ago

The Fed’s first rate cut may come right in the thick of the presidential campaign

Economists are divided over how many interest-rate cuts Federal Reserve officials will signal for 2024 at their policy meeting next week, following a pop in recent...

Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more difficult, economist warns

Bussiness5 months ago

Jerome Powell’s Federal Reserve is stuck in a self-defeating paradox that makes cutting rates more difficult, economist warns

The Federal Reserve has talked financial markets into creating an easier environment, which paradoxically makes lowering rates a more difficult task for the central bank, a...