Stories Tagged as
Interest rates
How the Federal Reserve's inflation fight today compares with the '70s and '80s
Jun 12, 2024
Decades ago, the Fed was battling double-digit inflation, and Chair Paul Volcker took aggressive action that drove interest rates way up.
Fed expected to leave benchmark rate unchanged at June meeting. Is that risky?
Jun 10, 2024
The latest jobs report is unlikely to change the Fed's mind when they meet Tuesday and Wednesday.
Why the European Central Bank is cutting interest rates now
Jun 6, 2024
Inflation has eased in Europe as prices fall for electricity and other items that were affected by supply shortages from the Ukraine war.
High interest rates have frozen the real estate market. When will it thaw?
May 23, 2024
Mortgage rates have popped back up above 7%, sales have fallen and builder sentiment is down. 5% would get things moving, per one economist.
Gen Z is taking on more credit card debt
May 9, 2024
The credit bureau TransUnion is out with a report showing that borrowers aged 22 to 24 are carrying an average of $2,834 in credit card debt — about a quarter more than millennials in the same age range a decade ago.
Business owners are warily stocking their inventories
by
Justin Ho
May 8, 2024
With interest rate cuts uncertain, businesses owners are keeping their shelves a little leaner. But that's not necessarily a bad sign.
Why does the world want dollars? Because of high interest rates, thriving economy in U.S.
Apr 23, 2024
The greenback is so strong that Japan and South Korea have complained.
For public good, not for profit.
Why it's gotten more expensive to house people experiencing homelessness
by
Matt Levin
Apr 22, 2024
Higher interest rates and insurance costs make building low-income and supportive housing more costly — especially in California, home to 28% of the U.S. homeless population.
If the Federal Reserve waits to cut interest rates, will the European Central Bank follow suit?
Apr 11, 2024
Inflation’s up again in the U.S. while the EU is edging closer to its target. That brings the ECB to a bit of a fork in the road.
Interest rates worldwide might start falling as central banks meet this week
Mar 18, 2024
Switzerland may be the first to start rolling back the recent round of rate hikes.