interest rates
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Fed Expected to Hold Interest Rates Despite Rising Inflation
The Federal Reserve is expected to leave interest rates unchanged on Oct. 28, according to the Associated Press, even though inflation has picked up…
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Big Tech Earnings Test AI Spending as Borrowing Costs Stay High
Alphabet, Microsoft and Amazon report earnings this week as investors ask whether heavy AI spending is paying off. With interest rates high and inflation…
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Trump Orders Nov. 5 Hearing on Fed Governor Cook’s Mortgage Claims
President Trump created a three-member committee to examine whether Federal Reserve governor Lisa Cook made false statements on mortgage documents, with a hearing set…
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Fed’s Jefferson Says Labor Market Has Stabilized Ahead of Jobs Report
On Oct. 1, Fed Vice Chairman Philip Jefferson said labor market conditions have stabilized, a day before the government’s September jobs report was due.…
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Fed Survey: Consumers Expect 3.9% Inflation, Highest Since May 2023
A New York Federal Reserve survey reported on Oct. 7 found the median 12-month inflation expectation rose to 3.9% in September, the highest since…
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