Look out: A cooling trend could be on the way from Britain.
A rate hike probably isn’t coming this week, but here’s when you can expect one. Meanwhile, historical data suggests the recent stock market surge may be short-lived.
The bulk of this week’s economic reports will put the focus right at home. When we last checked on existing home sales, the National Association of Realtors told us they dropped by a surprisingly sharp 7.1% from January to February, though sales remained slightly above year-ago levels. One reason for constrained home sales, both new
At a major economic conference this week, the 2016 presidential election and its big consequences for the U.S. economy, were a big topic of discussion.
For the financial markets, this better-than-expected February employment report is akin to a Goldilocks story: not too hot, not too cold. The jobless rate held steady at 4.9% even as more people jumped into the job market.
College president pay can reach into the stratosphere, but a Cleveland Fed study finds cutting it may not be enough to reduce costs for beleaguered students.
Yellen’s words always carry weight with investors, but her testimony before Congress this week will be scrutinized even more than usual.
The U.S. economy fumbled on job growth in January, but managed to move the ball somewhat on wage growth, making any Fed rate hike a likely game-time decision.
The message is “one one hand … on the other hand” for all of our guests as they discuss the economic outlook for 2014, mortgage rates, health insurance and garage sales.
Recalling the experience of the 2007-2008 financial crisis, we don’t want excitement. Maybe we should just be happy with bland for a while.