Federal Reserve Chair Jerome Powell said that while there is a lot of uncertainty about the outlook right now, the U.S. economy is still in a good place and the current situation isn’t as dire as it was at times such as the Covid-19 pandemic or the 2008 global financial crisis.
The spring of 2020 marked the start of the COVID-19 pandemic and ushered in a period ... Inflation reached a 40-year high in 2022, prompting the Federal Reserve to raise its target rate in an ...
After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.
Market pricing shows investors are nearly unanimous in expecting the Federal Reserve to stand pat on interest rates Wednesday, holding them in a range of 4.25% to 4.5%. Here's a look at how the central bank has steered policy since the turn of the century,
An analysis of the Federal Reserve's recent $3.5 billion reduction in its securities portfolio, part of ongoing quantitative tightening efforts.
The chaos and confusion spurred by this week's order freezing federal funding may influence how different parts of the housing market operate.
During his inauguration speech, President Trump promised to use his federal powers to "defeat what was record inflation and rapidly bring down costs and prices." Read More: Here's What
Monmouth County's housing market was the second-most expensive in the state in 2024, with average home sale prices now above $800,000.
Meanwhile, many of the SBA's EIDL loans are being charged off and considered in default. In 2021, the agency charged off $21.5 million in EIDL loans. In 2022, that grew to $198.2 million. Last year, the agency charged off $52 billion in EIDL loans — about 17% of its portfolio.
Consumer sentiment fell in January for the first time in six months, according to U-M survey. What's next as Trump creates more uncertainty?
Long a focus of conservatives, the level of public borrowing is starting to concern left-leaning economists. Proposed remedies still differ radically.