Economy - Page 22

Economists worried about a recession next year often cite the lagged effect of the Federal Reserve’s 11 increases in interest rates over the past

By David Shepardson WASHINGTON (Reuters) – The U.S. Senate voted 50-48 to overturn President Joe Biden’s decision to waive some “Buy America” requirements for

A market-based measure of future inflation expectations is back near the top of its 10-year range, raising the possibility of more upside risks to

Raphael Bostic, the President of the Atlanta Federal Reserve Bank, suggested a prudent approach to interest-rate alterations in the light of current economic shifts.

(Reuters) -Citigroup’s managers and consultants working on CEO Jane Fraser’s reorganization have discussed job cuts of at least 10% in several major businesses, CNBC

The level of inventories, or unsold goods, that U.S. wholesalers are keeping on hand fell in September to a 13-month low amid uncertainty about

The State Bank of India (SBI) is recalibrating its strategy to increase its current account deposits, in response to the Centre’s “just-in-time” (JIT) funding

As analysts assess the results of Tuesday’s off-year elections in some states, they’re concluding that the outcomes were disappointing for Republicans — and for

The Intercontinental Exchange’s (NYSE:) November 2023 Mortgage Monitor Report highlights the significant strain on home affordability and buyer demand due to surging interest rates,

Loretta Mester will step down as the president of the Cleveland Federal Reserve in June 2024, the regional Fed bank announced Wednesday. In a