Interest Rates

Beltway Confidential

Jerome Powell: ‘We’re not declaring victory at this point’

Tiana Lowe Doescher · January 31, 2024 6:23 pm

The Federal Reserve has paused hiking interest rates again as it waits for more data on inflation. Here is Fed Chairman Jerome Powell.

Fed holds target steady and says no rate cuts until confident inflation is defeated

Zach Halaschak · January 31, 2024 2:00 pm

Consumer confidence in December 2023 rose to its highest level since the end of 2021. (iStock Photo)

Consumer confidence hits two-year high as inflation moderates

Zach Halaschak · January 30, 2024 12:42 pm

Job openings report. JOLTS report. A hiring sign is displayed in Wheeling, Ill., Tuesday, Nov. 7, 2023.

Job openings ticked up in December

Zach Halaschak · January 30, 2024 10:08 am

Inflation held steady at 2.6% in Fed’s preferred gauge

Zach Halaschak · January 26, 2024 8:34 am

Biden lucks out with ‘higher than expected’ GDP, says Tiana Lowe Doescher

Jenny Goldsberry · January 25, 2024 7:19 pm

President Joe Biden speaks during an event at the Auditorium in the Eisenhower Executive Office Building at the White House on Monday, Oct. 23, 2023. The Biden administration has designated 31 technology hubs spread across the country to spur job growth.

Beltway Confidential

Jerome Powell cannot and will not save Joe Biden’s reelection odds

Tiana Lowe Doescher · January 25, 2024 6:25 pm

In this May 21, 2014 photo, a sign sits in front of a home for sale in West Des Moines, Iowa. The Commerce Department releases new home sales for May on Tuesday, June 24, 2014. (AP Photo/Charlie Neibergall)

New home sales rose in December in bright spot for market

Zach Halaschak · January 25, 2024 10:05 am

Economy grew 2.5% in 2023, holding strong despite high interest rates

Zach Halaschak · January 25, 2024 8:37 am

Shoppers wait in line at a store.

Consumer sentiment soars to highest level since before inflation took hold

Zach Halaschak · January 19, 2024 11:16 am

In this Thursday, Jan. 9, 2014, photo, a for sale sign hangs in front of a house in Mount Lebanon, Pa. The National Association of Realtors releases existing home sales for December, on Thursday, Jan. 23, 2014. (AP Photo/Gene J. Puskar)

Existing home sales fell to lowest level since 2010 in response to high mortgage rates

Zach Halaschak · January 19, 2024 10:10 am

Investors still expect Fed to cut rates soon despite two reports showing inflation went up

Zach Halaschak · January 14, 2024 5:00 am