Shock for UK as Bank of England halves its economic growth prediction
The BoE's predictions follow its decision on Thursday to cut its main interest rate for the third time in six months. The ...
Wildfires, snow and holiday shopping. Here’s what likely influenced Friday’s jobs numbers
Trump, via the Elon Musk-spearheaded Department of Government Efficiency, is in the process of gutting some federal agencies. It remains to be seen how deep the job cuts will go, but those offered ...
US job market likely began the year strong, but faces cloudier future
The U.S. labor market probably started 2025 the way it spent most of last year: generating decent, but unspectacular, job ...
Moderate US job growth expected in noisy January employment report
U.S. job growth likely slowed in January, partly restrained by wild fires in California and cold weather across much of the ...
Colorado Springs real estate market expected to remain flat in 2025
Colorado Springs' residential and commercial markets are expected to largely remain flat in 2025 amid economic uncertainty ...
Should bond investors beware Trump tariffs? How proposed tariffs could hit bonds
The bond market has already begun pricing in the potential for higher interest rates. Even the day after Trump’s election ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Chicago Fed CEO says tariff uncertainty could slow rate lowering
"I still think my ultimate where-we're-going-to-land is a fair bit below where we are today," Austan Goolsbee said at auto ...
Bessent's focus on 10-year US Treasury yield may let Fed off the hook
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market ...
Goolsbee: Fed in solid place for eventual cuts though uncertainty means a slower approach
A full-employment economy with solid growth and falling inflation will let the U.S. Federal Reserve continue cutting interest ...
Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says
The Trump administration isn't looking to clash with the Federal Reserve over interest rates, Treasury Secretary Scott ...
Trump Treasury secretary Scott Bessent relives some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...