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Inflation Report Keeps May Interest-Rate Increase in Play
Business

Inflation Report Keeps May Interest-Rate Increase in Play

Fed officials have signaled greater uncertainty about the economic outlook following bank failures. Source link

Inflation Report Shows Price Pressures Eased in March
Business

Inflation Report Shows Price Pressures Eased in March

Economy U.S. Economy Elevated inflation has weighed on household spending decisions Source link

Fed Official: ‘We Need to Be Cautious’ on Raising Rates After Bank Failures
Business

Fed Official: ‘We Need to Be Cautious’ on Raising Rates After Bank Failures

Potential fault lines surfaced on Tuesday over whether the Federal Reserve should proceed with interest rate increases next month as it studies the fallout from

Houston Apartment Owner Loses 3,200 Units to Foreclosure
Business

Houston Apartment Owner Loses 3,200 Units to Foreclosure

The U.S. multifamily housing sector is feeling the heat as interest rates rise and rent growth slows. Source link

Bank Volatility to Cut U.S. Economic Growth, IMF Says
Business

Bank Volatility to Cut U.S. Economic Growth, IMF Says

Economy U.S. Economy Tighter lending expected to shave 0.44 percentage point off U.S. GDP in 2023, organization says Source link

Is Russia’s Economy Growing or Shrinking? It Depends on the Forecaster.
Business

Is Russia’s Economy Growing or Shrinking? It Depends on the Forecaster.

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IMF Says Banking Troubles Create Headwinds for Global Economy
Business

IMF Says Banking Troubles Create Headwinds for Global Economy

Economy International lender sees growth slowing this year, then picking up Source link

Top Fed Official Plays Down Divergent Rate Outlook With Investors
Business

Top Fed Official Plays Down Divergent Rate Outlook With Investors

A senior Federal Reserve official said he wasn’t concerned about a potential disconnect between officials at the central bank and investors in financial markets over

China Consumer Price Growth Eases, Reflecting Caution on the Economy
Business

China Consumer Price Growth Eases, Reflecting Caution on the Economy

Economy Asia Economy While the scrapping of Covid controls has opened up the economy, joblessness and an uncertain outlook have kept a lid on domestic

Stocks Slip as Investors Weigh Another Fed Rate Bump
Finances

Stocks Slip as Investors Weigh Another Fed Rate Bump

Markets U.S. Markets Investors reacting to March jobs report after the stock market was closed Friday Source link