Stories Tagged as
Interest rates
Commercial construction has hit a brick wall. Why?
Mar 13, 2024
Factors like high interest rates, tight credit and workers continuing to work from home are all hitting commercial construction demand.
Even as hourly wages outpace inflation, rising prices take a bite
Mar 12, 2024
It’s been harder for lower- and middle-income households to afford higher food, rent and gas prices without getting into debt.
Banks are still grappling with fallout of SVB's failure one year on
by
Justin Ho
Mar 11, 2024
Regulators are more watchful, and banks are trying to be more resourceful.
When will the Fed cut rates? Senators are likely to put Jay Powell on the spot when he testifies
Mar 7, 2024
He says there's likely to be a rate cut this year, but he won't say when.
For some online bank customers, not all high-yield savings accounts are equal
by
Amy Scott
and Richard Cunningham
Feb 29, 2024
Online-centric bank customers with high-yield savings accounts aren’t getting the bang for their buck.
A year after Silicon Valley Bank failed, lenders are still feeling pressure on all sides
by
Justin Ho
Feb 23, 2024
Rising interest rates have cranked up the interest banks are paying depositors. But banks also have a lot of cash stuck in low-interest bonds and loans they made before the Federal Reserve started raising interest rates.
"I think our fear of high inflation is well warranted," Minneapolis Fed president says
by
Kai Ryssdal
and Sean McHenry
Feb 21, 2024
Neel Kashkari weighs in on the state of the economy and what's left to bring inflation down to the Fed's 2% target.
For public good, not for profit.
Want to know where inflation's headed? Look to the producer price index
Feb 20, 2024
It's usually called a measure of wholesale prices, but it can also be a leading indicator that shows where consumer prices are headed.
High mortgage rates, low inventory keep the housing market tight
Feb 19, 2024
High interest rates and limited inventory are key factors in restricting affordability.
Larger credit card issuers charge higher rates than smaller ones
Feb 16, 2024
Consumers often choose a familiar name, despite the costs. The CFPB's findings come as credit card debt in the U.S. is rising.