On Sept. 17, the Federal Reserve decided, for the first time in nine months, to cut interest rates. The central bank decided to cut rates by 25 basis points, which in many respects is a positive thing ...

Parts of the US economy, particularly housing, may already be in recession because of high interest rates, Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal Reserve to ...

Higher interest rates are reshaping the economic outlook for 2025, forcing investors, workers, and policymakers to rethink what a "soft landing" really looks like. Growth is still solid and inflation ...

Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that may be in recession because of high interest rates as he continues to call for the Fed to cut rates.

Treasury Secretary Scott Bessent allowed that "interest rate-sensitive sectors have been in a recession" and the government shutdown was "not helpful," but predicted that the economy is positioned to ...

The market is overvalued and overbought, with economic data signaling a looming recession and not just a temporary slowdown. Weak jobs reports and deteriorating economic indicators suggest the Fed may ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Jennifer Sor Every time Jennifer publishes a story, you’ll get an alert straight to your inbox!

A 30-year fixed mortgage currently hovers around 6.2%. The Federal Reserve has begun lowering interest rates at its last two meetings. Will mortgage rates follow the federal funds rate? High mortgage ...

The Federal Reserve is all but certain to cut interest rates for the first time since President Donald Trump regained office. Here is what to expect. Investors expect that this will be the meeting ...

Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal ...