Recent positive news may put two theories on economic disenchantment to the test.
Tag: Inflation (Economics)
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Powell, Fed’s Chair, Unleashes the Bulls
The Federal Reserve’s surprise projection that it may cut interest rate three times next year has triggered a global rally in stocks and bonds.
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Bank of England Keeps Interest Rates at 5.25%, a 15-Year High
The British economy has showed signs of slowing down, with inflation dropping below 5 percent in October, but the bank gave no sign of a rate cut anytime soon.
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Is Jerome Powell’s Fed Pulling Off a Soft Landing?
It’s too soon to declare victory, but the economic outlook seems sunnier than it did a year ago, and many economists are predicting a surprising win.
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What to Watch at the Fed’s Final Meeting of 2023
Federal Reserve officials are widely expected to leave interest rates unchanged, but economists will watch for hints at what’s next.