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Interest rates

What does the decline in corporate profits say about the economy?

by Samantha Fields
May 25, 2023
Profits fell for the second quarter in a row, partly due to Fed rate hikes. Whether it’s a good thing depends on your role in the economy.
Profits are falling, but the stock market is "not freaked out," says Bruce Sacerdote of Dartmouth.
Timothy A. Clary/AFP via Getty Images
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Corporate borrowing is up this month, despite rising interest rates

by Justin Ho
May 19, 2023
Recent mergers and the ongoing debt limit negotiations in Congress could be prompting companies to borrow more.
Large mergers, like Pfizer’s $43 billion purchase of the biotech company Seagen, is one reason why corporate borrowing is up this month.
Kena Betancur/AFP via Getty Images
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2023 has been a year for bankruptcy

by Kristin Schwab
May 18, 2023
More than 230 companies declared bankruptcy before the end of April. What is happening?
David’s Bridal is among the more than 230 companies that declared bankruptcy before the end of April.
Justin Sullivan/Getty Images
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Fed raises key interest rate but hints it may pause amid bank turmoil

by Associated Press
May 3, 2023
The Fed’s rate increases over the past 14 months, aimed at quelling inflation, have elevated the cost of loans and heightened the risk of a recession.
The Federal Reserve signaled that it may pause its series of rate hikes, which have made borrowing more expensive in a bid to quell inflation. Above, Fed Chair Jerome Powell in March.
Alex Wong/Getty Images
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Watch prices and credit ahead of next rate decision, Chicago Fed CEO says

by Kai Ryssdal and Andie Corban
Apr 19, 2023
The intensity of a coming economic slowdown will depend on how much banks tighten credit conditions, says Austan Goolsbee.
Austan Goolsbee jokes that his informal speaking style makes the Fed's media staff sweat. "Every time I stand up, they’re like, 'Oh, no.'”
Chip Somodevilla/Getty Images
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Higher interest rates should mean more money for savers — but switching banks can be a hassle

by Matt Levin
Apr 18, 2023
The average yield for a savings account is under 1%. Depositors, however, don't always take the opportunity to get more.
Apple is offering a savings account, in partnership with Goldman Sachs, that pays more than 4% interest — way higher than the national average.
Patrick T. Fallon/AFP via Getty Images
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The Federal Reserve's Beige Book adds color to economic data

by Elizabeth Trovall
Apr 18, 2023
The influential update, also known as the Summary of Commentary on Current Economic Conditions, comes out Wednesday.
Through interviews and surveys, the Beige Book tries to create a current snapshot of the economy.
Olivier Douliery/AFP via Getty Images
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A Fed president on remedies for inflation, banking supervision, and the possibility of recession

by David Brancaccio , Jarrett Dang and Meredith Garretson
Apr 3, 2023
A conversation with Susan M. Collins, president of the Federal Reserve Bank of Boston.
Federal Reserve Bank of Boston Chair Susan Collins stands with "Marketplace Morning Report" host David Brancaccio in Washington, DC.
Meredith Garretson/Marketplace
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It's been one year since the Fed started raising interest rates to curb inflation

by Kristin Schwab
Mar 23, 2023
Back then it seemed like inflation might be what economists call "transitory." But here we are.
Economist Laurence Ball said many people including Fed Chairman Jerome Powell dismissed the inflation issue initially.
Chip Somodevilla/Getty Images
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Why some countries' central banks follow the Fed's lead

by Nancy Marshall-Genzer
Mar 23, 2023
The U.S. Federal Reserve coordinates some operations — sometimes even interest rates changes — with other central banks. Here's how that works.
The Federal Reserve sometimes coordinates interest rate changes with other countries because in a global economy, it can’t achieve low inflation and maximum employment alone.
Kevin Dietsch/Getty Image
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