How the Fed’s rate target reaches the real economy
The Fed sets a target range for overnight bank funding, then uses administered rates and market operations to keep trading inside...
By Sarah Jenkins 1 week agoSection
Economics
Quantitative tightening, in plain terms
Quantitative tightening is how central banks shrink balance sheets, draining liquidity and putting upward pressure on borrowing co...
By Sarah Jenkins 2 weeks ago
Warsh’s repeated Fed phrases draw scrutiny from policy watchers
CNBC reported that the new Fed chair has leaned on three recurring formulations as analysts parse what they signal for policy.
By Sarah Jenkins 2 weeks ago
Trump sets 2028 tariff schedule for imported generic medicines
The president said generic drug imports would face no U.S. tariff for two years, then a 100% levy in 2028 and 200% a year later.
By David L. Chen 3 weeks ago
U.S. import prices rise 0.3% as China costs climb at 18-year pace
BLS data showed June import prices rose against expectations, with goods from China posting their largest monthly increase since J...
By Sarah Jenkins 3 weeks ago
World Cup lifts U.S. host-city spending, but Fed sees consumer strain
The Fed’s Beige Book said World Cup tourism helped bars and hotels, while higher oil prices and weaker discretionary demand capped...
By Sarah Jenkins 3 weeks agoCheaper gasoline lifts Hostfully travel index as lodging costs weigh
Hostfully’s July index rose 14.3 points as lower fuel prices, better sentiment and AAA’s July 4 travel forecast pointed to firmer...
By Ingrid Halvorsen 3 weeks ago
Hormuz tensions put ECB rate pause in doubt as oil climbs
Brent’s move above $85 has revived questions over the ECB’s July 22 rate decision after June’s 25 basis point increase.
By Ingrid Halvorsen 3 weeks ago
AI hiring near Mission Bay draws homebuyer interest to Noe Valley
Nona Ehyaei Real Estate says AI workers are moving from Mission Bay rentals into homes in nearby San Francisco neighborhoods.
By Sarah Jenkins 4 weeks agoEconomists see modest December US job gains as payroll report nears
Consensus estimates call for 55,000 US jobs added in December and a 4.5% unemployment rate, with Goldman Sachs and BofA above cons...
By Ingrid Halvorsen 4 weeks ago
US housing starts fell to 1.246mn annual rate in October
Census Bureau data showed a 4.6% monthly drop in housing starts, while permits were nearly flat at a 1.412mn annual pace.
By Ingrid Halvorsen 4 weeks ago
Home entertainment costs rise as consumers pull back on leisure spending
Price increases across streaming, gaming devices and electricity are making at-home leisure less insulated from inflation, accordi...
By Sarah Jenkins 1 month ago