Jeanna Smialek

Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them

INVESTORS were betting big on Federal Reserve rate cuts at the start of 2024, wagering that central bankers would lower interest rates to around 4 per cent by the end of the year. But after months of ...

I have covered economics for 11 years now, and in that time, I have come to the realisation that I am a statistic. Every time I make a major life choice, I promptly watch it become the thing that ever...

IN LATE 1989, an economic commentary newsletter from the Federal Reserve Bank of Cleveland asked the question that was on everyone’s mind after a series of Federal Reserve rate increases – “how soft a...