Investors, homebuyers and central bankers all have reason to be irritated by the latest data, and inflation isn’t licked just yet. But the numbers also show reason for optimism.
Federal Reserve Chair Jerome Powell speaks to reporters on May 1, 2024.
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A wildfire during hot, dry conditions in August 2023 destroyed Lahaina, Hawaii, and devastated Maui’s tourism industry – the heart of its economy.
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Fed Chair Jerome Powell bristles at talk of managing climate change, but the damage it is doing the US economy is hard to ignore, as the latest National Climate Assessment shows.
Federal Reserve Board Chair Jerome Powell is watching the data.
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The Fed said it’s pausing its aggressive rate-hiking campaign as it collects more data on the impact.
China and the U.S. compete to be the world’s largest economy, but the dollar dominates the yuan as a currency.
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Despite China’s economic power, the yuan lags as a major global currency. Here’s why current US interest rates and sanctions on Russia may change that.
ESG investing looks for companies that do well on environmental, social and governance benchmarks.
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The cause of banking crises since the debacle in the 1980s remains unchanged. Incentives encourage executives to take excessive risks, with few consequences if bets turn bad. It’s happening again.
Inching toward a recession .. but what kind?
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The Fed’s campaign of rate hikes is showing more signs of having the intended effect of slowing the economy – but that may be bad news for those who lose their jobs or have a harder time finding one.
Fed Chair Jerome Powell has a tricky job in balancing inflation fears with recession fears.
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The latest consumer prices report shows cost of living is still rising far above the Fed’s target. But don’t expect monetary policymakers to aggressively hike rates.
SVB encountered a perfect storm of high interest rates and fearful clients.
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