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Johannes Eisele/AFP via Getty Images In an uncertain environment, companies are less eager to take on debt and investors are charging more to lend.
Kevin Dietsch/Getty Images High tariffs could spur inflation and hold back employment, pulling the Federal Reserve in different directions on interest rates.
Justin Sullivan/Getty Images Delinquencies have been rising for credit cards and auto loans.
Brian van der Brug/Los Angeles Times via Getty Images A new report by the Dallas Fed offers some insight: employment growth has been unusually strong in areas like health care, which is less cyclical and therefore less sensitive to changes in monetary policy.
Kevin Dietsch/Getty Images And that will impact businesses, the housing market and consumers.
Rob Kim/Getty Images “What is completely uncertain is what the destination looks like,” says Mohamed El-Erian, president of Queens’ College, about the U.S. economy.
Mario Tama/Getty Images Four out of five prospective buyers won’t act until mortgage rates fall further, a recent U.S. News & World Report survey found.
Olivier Douliery/AFP via Getty Images Those losses have stayed elevated ever since the Federal Reserve started raising interest rates.
Anna Moneymaker/Getty Images Unemployment was at 4.0% in January 2025. Since WWII, it’s never gone lower than 2.5% — which it reached for two months, in 1953.
Patrick T. Fallon/AFP via Getty Images Some are even cutting prices, reflecting motivation to lock in years of gains. Sellers’ rising median age might be a factor.