U.S. Federal Reserve likely to scale back plans for rate cuts because of persistent inflation
United States Federal Reserve officials will likely make official what's been clear for many weeks: With inflation sticking at a...
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US public debt is ‘unsustainable’: Fed chief – Economy
he United States is on an "unsustainable" path with regard to its national debt and it is time to address...
GDP Beats – Sorry, No Soft Landing; And OPEC+ Threatens Dollar Reserve Currency Status
US Job Cuts Announced, monthlyChallenger, Gray & Christmas There were two major economic announcements last week. The Q4/22 GDP, released...
After this week’s Fed rate hike, where are mortgage rates headed?
Washington, DC CNN — The Federal Reserve hiked its benchmark lending rate this week for the seventh time this year,...
Premarket stocks: Investors are hoping for the economic tide to turn. The wait may soon be over
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign...
Mortgage rates plunge to 6.61% amid signs of easing inflation
Editor’s Note: Freddie Mac, which has tracked weekly average mortgage rates since 1971 and has periodically made changes to its...
The Fed and White House combine for a day that cuts to the heart of Biden’s political problem
CNN — Two Washington power centers will on Wednesday lay bare the politically poisonous dynamics of the top economic issue...
