The Fed will face another major decision on rates at its September meeting. While there are clear signs that prices aren’t spiking as quickly, and…
The survey found voters are not excited about their options, with 55% of respondents saying they view Donald Trump either somewhat or very unfavorably, and…
But there’s reason to be skeptical that concrete action will come soon, if at all. There’s no clear timeline for the project and little in…
But last week’s publication of Freedom Conservatism: A Statement of Principles, with signatories including Dick Armey, Karl Rove, Grover Norquist, George Will and a cross-section…
In fighting inflation, which last year hit a four-decade high, the Fed has raised its benchmark rate 11 times since March 2022, most recently on…
“They’re going to wrap their arms fully around the economic strategy and economic results,” said Seth Harris, the former deputy director of Biden’s National Economic…
And core prices remained high last month, rising 0.4% from April to May, the sixth straight month of increases at that level or higher. Compared…
The Fed is paying particular attention to so-called core prices, which exclude volatile food and energy costs and are regarded as a better gauge of…
Former Sen. Heidi Heitkamp (D-N.D.), who is now director of the University of Chicago’s Institute of Politics: “I think if you’re looking for the one…
The housing market, which is especially vulnerable to higher loan rates, has been battered. Consumer spending, which fuels roughly 70% of the entire economy, has…