Investor sentiment 'unquestionably' at worst level since 2008 financial crisis: BofA
U.S. investor sentiment has dropped to its lowest level since the 2008 financial crisis as the Federal Reserve raises interest rates, according to Goldman Sachs analysts.
Fed inflation policy to bring consumer spending to 'screeching halt' ahead of holiday season: Gerald Storch
Former Toy 'R' Us chair and CEO Gerald Storch criticizes Jerome Powell's Federal Reserve for their narrow focus on monetary policy as they fight inflation.
Goldman Sachs slashes S&P 500 target by 16% as Fed ramps up inflation fight
The Federal Reserve will continue to rattle markets this year with its rate hike path, according to Goldman Sachs, which sees the S&P ending the year at 3,600 points.
US economic downturn could get 'very serious' as Fed risks crushing demand with rate hikes: Judy Shelton
Former Federal Reserve Board nominee Judy Shelton offers insight into the Fed's strategy to combat inflation, warning the crisis could become more 'serious.'
US housing recession could send home prices tumbling 20%, economist says
The U.S. housing market is in a recession, and prices are likely to plunge 20% over the next year as rising mortgage rates take their toll on consumer demand.
Janet Yellen says economic recovery hinges on supply chain, green agenda and end of Ukraine war
Treasury Secretary Janet Yellen sees inflation coming under control next year due to a variety of factors. Those factors include investments in clean energy.
Yellen says Fed can tame inflation without crushing labor market
The Federal Reserve will likely succeed in its mission to cool inflation without causing unemployment to rise too high, according to Treasury Secretary Janet Yellen.
Fed announces third consecutive 75-basis point rate hike
The Fed's September meeting ended with yet another 75-basis point rate hike.
Japan intervenes in FX market to stem yen falls after BOJ keeps super-low rates
Japan intervened in the foreign exchange market to buy yen for the first time since 1998, to shore up the battered currency against the strong US Dollar.
Goldman raises Fed rate hike forecast after Powell's hawkish stance
The Federal Reserve is likely to hike interest rates even more aggressively than initially believed as they try to combat inflation, according to Goldman Sachs economists.
US back to ‘Jimmy Carter economic policies’ as inflation rages, David Bossie says
Citizens United President David Bossie discusses the inflation pain that could lead to a recession if Biden and the Democrats don't rollback harmful economic policies.
Bank of England hikes rates but avoids more aggressive step
The Bank of England is taking steps to increase rates while avoiding more aggressive actions to tame inflation as the threat recession looms.
Russ Vought says Biden admin's spending policies are driving Fed to pass rate hikes: 'Makes it harder'
Former OMB director Russ Vought responds to the Fed's latest rate hike, arguing the Biden administration's economic policies are making the Fed's job 'harder.'
Jobless claims rise to 213,000 after declining for five weeks straight
Applications for unemployment benefits rose last week from a four-month low, suggesting that employers are still avoiding layoffs in the historically tight labor market.
Fed's Powell abandons promise of 'soft landing' amid inflation fight
Federal Reserve Chairman Jerome Powell conceded on Wednesday that the chances of avoiding a recession have diminished as the central bank raises interest rates.
Federal Reserve raises interest rates by 75 basis points for third straight month
The Federal Reserve enacted its third consecutive 75-basis-point interest rate hike as it attempts to cool inflation without triggering an economic recession.
Fed rate hike to hit mortgages, credit cards and auto loans
The Federal Reserve is widely expected to impose another mega-sized rate hike this week, driving up the cost of mortgages, credit cards and car loans.
Fed interest rate hike: Other central banks raising rates
As the Federal Reserve prepares to announce another interest rate hike, the central banks of several other countries are mulling increases of their own.
Existing home sales drop in August to lowest level since 2020
Sales of previously owned houses fell in August for the seventh consecutive month as rising interest rates pushed potential homebuyers out of the market.
Mortgage rush underway as rates set to move even higher
Homebuyers went into high gear in the past week in anticipation of the Fed raising interest rates, boosting demand for mortgages. Overall demand climbed 3.8% from a week ago.



















