Opinion
Cryptopolitan on MSN6hOpinion
Fed chair Powell is coming to terms with the fact that he needs to cut rates now, not later
Jerome Powell is finally facing the problem head-on. After months of dodging the obvious, the Federal Reserve chair is being forced to accept that it’s time to cut interest rates—and fast. The ...
Pensions & Investments8h
Fed officials preach cautious policy approach amid tariff impact uncertainty
President Donald Trump’s tariff policy will likely raise costs for consumers and businesses, but its overall effect on the U.S. economy remains uncertain, which is why the Federal Reserve will ...
Fed's Jefferson: still substantial uncertainty on trade policy, need time to assess
Federal Reserve Vice Chair Philip Jefferson on Thursday declined to offer any specifics about how the Trump administration's ...
Average US rate on a 30-year mortgage dips to 6.64% for the second drop in 2 weeks
The average rate on a 30-year mortgage in the U.S. edged lower for the second week in a row, a modest but welcome boost for prospective home shoppers in the midst of the spring homebuying season ...
the deep dive1d
Atlanta Fed’s GDPNow Projects 3.7% GDP Contraction in First Quarter
The Federal Reserve Bank of Atlanta’s GDPNow model is now projecting a 3.7% contraction in US economic activity for the first ...
Key Fed GDP forecast sees U.S. economy contracting 1.4% in first quarter
The weakness in the U.S. economy is starting to get more pronounced, according to a closely watched Federal Reserve forecast. The Atlanta Federal Reserve's GDPNow forecast for the first quarter was ...
The federal government is phasing out paper checks. Here's who will be affected.
Many Americans have moved away from writing personal checks since the Covid pandemic as they embrace contactless and digital ...
Weaker jobs signal, stronger prices highlight potential Fed dilemma
Lackluster new U.S. jobs data and a weak report on manufacturing highlight an emerging concern among Federal Reserve ...
Atlanta Fed's GDPNow model sinks to -3.7% for Q1
The Atlanta Fed's GDPNow model now suggests Q1 GDP slid 3.7%, down from its previous estimate of -2.8% from March 28. The ...
Atlanta Fed model estimates -3.7% growth for 2025 first quarter
The Atlanta Fed's GDPNow model is now forecasting a -3.7% growth rate in Q1 2025. That is substantially worse than previous ...
Atlanta Fed’s GDP Growth Predictor Says Q1 Rate Was -2.8%
And a CNBC survey of economists projected only 0.3% growth. Both are estimates and may be wrong, but they suggest that the ...
Financial Markets Now Contemplating Increased Recession Probability
The equity market has reacted negatively to the fall in consumer confidence and especially to the spike in inflation ...