Fed officials haven't ruled out further rate hikes, minutes show
Federal Reserve officials said in December that it was possible the economy could evolve in a manner that would make further rate hikes appropriate.
Source: marketwatch.com
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Why the most widely anticipated recession in history never came
Economists thought the Fed's interest rate hikes would send the economy into recession in 2023, but it didn't work out that way. The reasons forecasters got it wrong lie in the unprecedented quirks of the pandemic economy.
Source: yahoo.com
Fitch Ratings: U.S. homes are almost 10% too expensive
"Home prices keep marching higher," NAR’s chief economist Lawrence Yun said, arguing that "only a dramatic rise in supply will dampen price appreciation."
Source: fortune.com
Analysis-High US interest rates add to headwinds for small businesses
After Ron Hall took out a $407,000 Small Business Administration loan last year to open a franchised sandwich shop in his hometown in Tennessee, business boomed....
Source: marketscreener.com
The likely end of the Fed's rate hikes is 'a long-awaited holiday present' for Wall Street
“The bears are running for cover and may have to go into hibernation” after the Fed’s dovish outlook, said Independent Advisor Alliance’s Chris Zaccarelli.
Source: fortune.com