Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...
U.S. interest rates look too high, relative to inflation. A compelling argument can be made that U.S. interest rates are higher than they “should” be relative to inflation. The implication of that ...
The Federal Reserve’s most important monetary policy tool is the Fed Funds Interest Rate target. By raising or lowering this benchmark, the Fed hopes to influence the cost of credit throughout the ...
The Federal Reserve released its latest quarterly Summary of Economic Projections (SEP) report last week. Compared to its previous forecasts, the Fed expects slower U.S. economic growth in 2025, with ...
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