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Fed's Logan calls for two more rate hikes, possibly rapidly

Fed's Logan calls for two more rate hikes, possibly rapidly

By Ann Saphir Nov 10 (Reuters) - The US central bank needs to deliver at least two more quarter-percentage-point interest rate increases to bring down inflation, and may need to do so promptly to keep broadening price pressures from getting baked into the economy, Dallas Federal Reserve President
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Average New Vehicle Price in U.S. Reaches Record High of Over $51,000

Average New Vehicle Price in U.S. Reaches Record High of Over $51,000

Average New Vehicle Price in U.S. Reaches Record High of Over $51,000
ReutersReuters
US consumer prices rise above expectations in October

US consumer prices rise above expectations in October

By Lucia Mutikani WASHINGTON, Nov 10 (Reuters) - US consumer prices increased more than expected in October, leaving the Federal Reserve on course to raise interest rates next month.
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Federal Reserve Survey Reveals Widening Wealth Gap, Older Households Richest

Federal Reserve Survey Reveals Widening Wealth Gap, Older Households Richest

Federal Reserve Survey Reveals Widening Wealth Gap, Older Households Richest
ReutersReuters
Fed officials open door to a half-point hike after inflation beats expectations

Fed officials open door to a half-point hike after inflation beats expectations

By Howard Schneider WASHINGTON, Nov 10 (Reuters) - Odds the US Federal Reserve may raise interest rates half a percentage point at its December meeting jumped on Tuesday after new data showed prices rising faster than expected and policymakers opened the door to a quicker pace of rate hikes.
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Federal Reserve Banks Launch Pilot Survey on U.S. Private Credit Market Trends

Federal Reserve Banks Launch Pilot Survey on U.S. Private Credit Market Trends

Federal Reserve Banks Launch Pilot Survey on U.S. Private Credit Market Trends
ReutersReuters
Investors boost odds of half-point Fed hike as core CPI rise meets Waller's bar

Investors boost odds of half-point Fed hike as core CPI rise meets Waller's bar

By Howard Schneider WASHINGTON, Nov 10 (Reuters) - Odds the US Federal Reserve may raise interest rates half a percentage point at its December meeting jumped on Tuesday after new data showed prices rising faster than expected and clearing the bar set by one key policymaker for considering a quicker
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Former IMF Chief Economist Warns of US Recession Risk from AI Investment Correction

Former IMF Chief Economist Warns of US Recession Risk from AI Investment Correction

Former IMF Chief Economist Warns of US Recession Risk from AI Investment Correction
ReutersReuters
US consumer prices increase strongly for third straight month in October

US consumer prices increase strongly for third straight month in October

By Lucia Mutikani WASHINGTON, Nov 10 (Reuters) - US consumer prices increased more than expected in October, driven by higher costs for food and accommodation, leaving the Federal Reserve on course to raise interest rates next month.
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NY Fed survey finds Americans more worried over future jobless levels

NY Fed survey finds Americans more worried over future jobless levels

By Michael S. Derby Nov 9 (Reuters) - Americans last month grew more worried about the labor market outlook, according to a survey released on Monday by the Federal Reserve Bank of New York.
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University of Michigan Survey Reveals Growing Consumer Anxiety Over Potential AI Economic Bubble

University of Michigan Survey Reveals Growing Consumer Anxiety Over Potential AI Economic Bubble

University of Michigan Survey Reveals Growing Consumer Anxiety Over Potential AI Economic Bubble
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MoneyLion Identifies Six Holiday Spending Mistakes Leading to Debt in 2027

MoneyLion Identifies Six Holiday Spending Mistakes Leading to Debt in 2027

MoneyLion Identifies Six Holiday Spending Mistakes Leading to Debt in 2027