The Latest Breaking News from Jerome Powell

The question isn’t if U.S. home prices will fall, it’s how far will prices fall.

The Fed doesn’t appear to understand the ramifications of what they’re doing,” Sternlicht said.

Pound surges and stock markets rebound as US consumer price index drops from 8.2% to 7.7% in October

The SPDR S&P 500 (NYSE: SPY) is moving higher Thursday morning after the Labor Department reported a 7.7% year-over-year increase in the consumer price index for October.

The Fed’s aggressive monetary policy stance is expected to fuel a recession next year. While the stock market is expected to remain under pressure in the upcoming months, the recession could have long-term consequences for fixed-income securities, precious metals, and companies working on disruptive innovations. Therefore, long-term investors should avoid…

History tells us a recession is all but guaranteed next year, and Dr. Doom warns it could combine the worst of two big economic crises in past decades.

A recession is likely next year, but it may have been avoidable.

While consumer price index data in 2022 has been showing rent prices accelerating, Zillow Group Inc.

Decades of bailouts have convinced some that the Fed will always come to the rescue – but this only papers over the fundamental flaws of the US economy