Por: ABC News Business September 21, 2022
NEW YORK -- Mortgage rates have jumped, home sales have slumped and credit cards and auto loans have gotten pricier. Savings rates are slightly juicier, though.As the Federal Reserve has rapidly increased interest rates, many economists say they fear that a recession is inevitable in the coming months — and with it, job losses that could cause hardship for households already hurt worst by inflation.Even before the Federal Reserve acts again... + full article
ABC News USA Business September 21, 2022
Wall Street will watch closely on Wednesday as the Federal Reserve is expected to against inflation with a dramatic interest rate hike.The move would come a little more than a week after a inflation report revealed that prices rose slightly in August, worsening the cost woes for... + más
How much 'pain'? Fed to signal more rate hikes ahead | Associated Press
Wall Street on edge as it tries to guess what the Fed is thinking | The Boston Globe
WASHINGTON -- Last month, when Federal Reserve Chair Jerome Powell spoke at an economic conference in Jackson Hole, Wyoming, he issued a blunt warning: The Fed’s drive to curb inflation by aggressively raising interest rates, he said, would “bring some pain for... + más
Global shares decline ahead of Fed decision on rates | ABC News
TOKYO -- Global shares mostly declined Wednesday as investors looked ahead to a widely expected interest rate hike by the U.S. Federal Reserve to try to tamp down the highest inflation in decades.France's CAC 40 fell nearly 0.1% in early trading to 5,974.93, while... + más
High inflation in sight, Fed to signal more rate hikes ahead | ABC News
Associated Press USA Business September 20, 2022
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell in a speech last month that the Fed’s drive to curb inflation by aggressively raising interest rates would “bring some pain.” On Wednesday, Americans may get a better sense of how much pain could be in store. The Fed... + más
Consumer prices rise unexpectedly in August, sending stock market tumbling | ABC News
The Boston Globe USA Business September 20, 2022
Investors are braced for a pivotal Federal Reserve meeting Wednesday, when central bank officials will lay out their plans to fight persistent inflation that has roiled financial markets in recent weeks.After a wobbly start, the Standard & Poor’s 500 gained .69 percent on... + más
Not so fast on interest rates | The Boston Globe
ABC News USA Business September 20, 2022
A last week dispelled hopes of relief for strained households and rekindled questions about U.S. policy for fighting sky-high prices.The Federal Reserve has instituted a series of in recent months as it tries to slash price increases by slowing the economy and choking off... + más
It’s time to stop believing in immaculate disinflation | The Boston Globe
ABC News USA Business September 17, 2022
A hotter-than-expected inflation report on Tuesday sent the stock market tumbling.The Dow Jones Industrial Average fell more than 1,200 points, which amounted to a nearly 4% drop, making it the index's worst day since June 2020. Meanwhile, the S&P 500 — the index to which... + más
Inflation woes: Which prices are going up the most and why? | ABC News
Here's why food prices are so high and what you can do about it | ABC News
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