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A lot of Australians are hoping there might be an interest rate cut at the next Reserve Bank board meeting but they shouldn’t hold their breath.
A recession-free landing for the Fed may be harder now.
AP Photo/Alex Brandon
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.
Markets reacted positively to Fed Chair Powell’s acknowledging “disinflation” is happening.
AP Photo/Seth Wenig
The Fed lifted its benchmark interest rate just 0.25 percentage point following a series of much more aggressive rate hikes in 2022.
Calculating the cost of living in the country.
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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.
Homebuyers are receiving something of a holiday gift in falling mortgage costs.
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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.
Staving off both recession and a financial crisis may take more than a hope and a prayer.
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The Fed is also beginning to reduce its massive balance sheet, which is beginning to cause disruptions in the $24 trillion Treasury market.
Fed Chair Jerome Powell indicated further hikes to come.
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The Federal Reserve hiked interest rates by an additional three-quarters of a percentage point. An economist explains what this means for the economy.
Home sales are slowing as the Fed hikes rates.
AP Photo/John Raoux
Because housing is sensitive to changes in borrowing costs, it can tell policymakers and consumers a lot about whether the Fed’s plan is working.
Wall Street is following Fed rate hike news with rapt attention.
AP Photo/Seth Wenig
The Fed raised interest rates the most in nearly three decades to fight stubborn inflation. A finance expert explains what’s happening, the risks and what it means for consumers.
Consumers are perhaps feeling inflation pain most at the pump.
AP Photo/Rick Bowmer
A bigger-than-expected jump in inflation means the Fed may have to get more aggressive about interest rate hikes. An obscure economic indicator suggests it has room to do so.
Fed Chair Jerome Powell has a tough job in bringing down inflation without killing the economy.
AP Photo/Alex Brandon
The Fed lifted its benchmark interest rate by half a percentage point as it fights raging inflation.
Jerome Powell has a tough job ahead.
Tom Williams, Pool via AP
The Fed officially began its biggest inflation fight in four decades.
The price of used cars has soared during the pandemic.
AP Photo/Matt Rourke
Higher interest rates reduce demand for goods and services, which makes it harder for companies to raise prices. But there are risks as well.
All eyes are on Fed Chair Jerome Powell as the central bank prepares to raise rates for the first time in three years.
Brendan Smialowski/Pool via AP
The US central bank said surging inflation is guiding its decision about when to lift interest rates. Two experts on financial markets explain what might happen next.
Fed Chair Jerome Powell prepares for the end of the era of cheap money.
Matt McClain/The Washington Post via AP
The Federal Reserve decided to slow its pace of bond-buying, potentially the beginning of the end of a program that’s been supporting the economy since March 2020.
Prices tend to go up over time.
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Inflation has been low, but if the Fed isn’t careful, keeping rates too low, too long could lead to runaway inflation.
Storm clouds are stirring over the Fed.
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Like Congress with its $2 trillion bailout, the Fed is engaged in an unprecedented effort to save the US economy and financial system from collapse.
A sea of red.
AP Photo/Craig Ruttle
The Fed slashed interest rates to near zero but, just as in 2008, it will require unprecedented action to calm panicky markets.
This is what a financial crisis looks like on Wall Street.
AP Photo/Richard Drew
The Fed cut rates for the third time in as many months – something practically unheard of in a strong economy.
The Fed’s Jerome Powell keeps his cards close to his chest.
AP Photo/Patrick Semansky
The US economy may be in worse shape than it seems.