Fed rates here to stay, Fed says, recession or not. Markets disagree
The Fed says it won't cut interest rates this year even if there's a recession because it wants to stamp out inflation. Markets aren't buying it.
Source: usatoday.com
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Interest rates unlikely to fall in 2023, Fed says, even in recession. Markets don't buy it.
The Fed says it won't cut interest rates this year even if there's a recession because it wants to stamp out inflation. Markets aren't buying it.
Source: aol.com
Fed likely to hike rates and signal a pause i
The Federal Reserve is expected to raise its key interest rate by another quarter point, then signal a long pause - if inflation eases as projected
Source: usatoday.com
US consumer spending flattens; core inflation still hot
Consumer spending is plateauing likely as Americans become more averse to higher prices. Government social benefits are also dwindling.
Source: rappler.com
US consumer spending flattens; core inflation still hot
WASHINGTON — U.S. consumer spending was unchanged in March as an increase in outlays on services was offset by a decline in goods, but persistent strength in…
Source: financialpost.com