Tag: Breaking News: Economy

Nearly $100 billion in deposits pulled from banks; officials call system ‘sound and resilient’

Inflation gauge increased 0.4% in February, as expected and up 6% from a year ago

Mortgage demand recovers slightly, despite rising interest rates

Fed Chair Powell says interest rates are ‘likely to be higher’ than previously anticipated

Retail sales jump 3% in January, smashing expectations despite inflation increase

Biden taps Fed’s Brainard, Bernstein for top economic jobs as part of White House reshuffle

Fed’s Neel Kashkari says central bank has not made enough progress, keeping his rate outlook

Fed raises rates a quarter point, expects ‘ongoing’ increases

Markets fully price in quarter-point interest rate hike in February as inflation slows

Consumers see inflation—and spending—cooling off in the year ahead, New York Fed survey shows