The Fed’s decision to raise rates is likely to put more pressure on regional banks, which will make it harder to avoid a recession.
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The Fed raised rates by a quarter-point – less aggressive than had been expected before the current banking crisis, but signaling inflation is still its focus.
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.
The collapse of a US bank is the latest crisis for central banks to deal with. But rather than being saviours of the global economy, what if they are actually a big part of the problem?
The Fed lifted its benchmark interest rate just 0.25 percentage point following a series of much more aggressive rate hikes in 2022.
The US spent $213 billion paying interest on the national debt in the fourth quarter of 2022 as the Fed jacked up borrowing costs at an unprecedented pace.
The rising cost of living doesn’t hit all Americans equally. Yet the benchmark figure for charting the rising cost of living excludes people in rural areas.
A drop in gas prices helped tame inflation in December 2022. But grocery prices and housing costs continued to rise.
Americans are saving just over $2 of every $100 in disposable income after setting aside historically high amounts of cash during the pandemic.
Although many say the economic outlook for next year appears bleak, there is room for optimism.
The cost of borrowing for a home has fallen in recent months, despite repeated increases of the benchmark interest rate. An economist explains the seeming paradox.
The Fed is waging war to get inflation down to its preferred level of around 2%. An economist explains what’s so special about that number.
Inflation, abortion and state of US democracy rank among the top issues facing voters before the midterm elections, regardless of race, ethnicity or party affiliation.
The Fed is also beginning to reduce its massive balance sheet, which is beginning to cause disruptions in the $24 trillion Treasury market.
Americans voters are angry about everything from abortion to inflation. While anger is good for voter turnout, it’s ultimately bad for solving problems in a democracy.
President Joe Biden’s suggestion that the COVID-19 pandemic is over has led to a backlash among some experts who suggest the comment is premature – and counterproductive.
The Fed’s recent rate hikes are contributing to higher prices and growing recession risks around the world, yet there are good reasons why the US central bank has to keep its focus domestic.
The US economy shrank for a second straight quarter. While some call that a recession or a strong sign of one, a financial economist explains why the term probably doesn’t yet apply.
Manufactured housing – the preferred name for what were once called mobile homes – has changed dramatically in recent decades. Three planning experts call for giving it a new look.
The Federal Reserve hiked interest rates by an additional three-quarters of a percentage point. An economist explains what this means for the economy.
Top contributors
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Clinical Associate Professor, Boston University
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Part-Time Professor of Economics, The New School
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Associate Professor of International Relations, Australian National University
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Professor of Economics, UNSW Sydney
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Associate Professor of Political Science, Georgia State University
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Assistant Professor of Finance, Mississippi State University
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Visiting Faculty in Economics, Emory University
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Assistant Professor of Economics, University of California, Merced
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Associate Professor of Economics, University of South Carolina
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Assistant Professor of Economics, SUNY Old Westbury
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Assistant Professor, Miller Center, University of Virginia, and US Studies Centre, University of Sydney
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Professor of Management, Co-Director of the MIT Sloan Institute for Work and Employment Research, MIT Sloan School of Management
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Professor of Economics, University of Nebraska Omaha
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Dean of the Wharton School, University of Pennsylvania
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Professor of Political Economy and Social Theory, University of Sydney
