Page 12 - Philly Fed News Today

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market

Inflation in the United States has generally been trending lower but the progress to get it all the way down to 2% has stalled in recent months, at least according to the CPI metric. Whilst Fed officials are optimistic that price measures will continue to head lower over the next few months, the resilience of the US economy is proving to be a thorn in the side of the Fed, as strong domestic demand increases the odds of inflationary pressures brewing again, particularly if there’s a significant...

Azereth Deason owes more than $18,000 in undergraduate loans, but mounting debt was the least of her worries during the pandemic.

Experts said they understand why many borrowers are struggling to pay student loans.

Federal Reserve officials concluded their first two-day policy meeting of 2024 on Wednesday, when they decided to keep interest rates at their current 22-year high.

As far as whether or not the Fed actually pivots and begins to cut rates, that's really not the right question. The question should be, "If they don't cut, then why are they not cutting as they suggested in their dot plots?"

The USD is little changed as is the JPY after the BOJ kept rates unchanged.