Are Higher Rates Slowing the Economy? A Zoo Offers Clues. Economists are surprised by how strong the economy remains with rates at a 22-year high. But there are some signs of slowing, if you know where to look.
Fed Holds Interest Rates Steady and Pledges to Proceed Carefully The Federal Reserve left interest rates at 5.25 to 5.5 percent, but its chair, Jerome Powell, said policymakers could still raise rates again.
How High Interest Rates Sting Bakers, Farmers and Consumers Everyone who relies on credit in America is confronting a new reality: Money will cost more for a good long while.
American Household Wealth Jumped in the Pandemic Pandemic stimulus, a strong job market and climbing stock and home prices boosted net worth at a record pace, Federal Reserve data showed.
Working People Across the Country Are Living Out of Their Cars Dozens of parking lots have opened across the country for working people who can afford a car but not rent.