What’s behind the global rise in bond yields?

Jan 20, 2025
In the U.S., it's partly due to expectations of a stronger, more inflationary future economy with bigger budget deficits.
Torsten Asmus/Getty Images

Big banks are raking in cash

Jan 15, 2025
Goldman Sachs, JPMorgan and other prominent names beat earnings forecasts. The Federal Reserve and volatile markets are giving them a boost.
JPMorgan Chase's headquarters in New York City. Many big banks exceeded quarterly earnings forecasts.
Johannes Eisele/Getty Images

Mortgage rates creeping back up toward 7%

Jan 6, 2025
They're starting 2025 at the highest they've been since last summer.
Lawrence Yun predicts mortgage rates to settle at around 6% to 6.5% this year. Above, a sign advertising apartments for sale in Monterey Park, California.
Frederic J. Brown/AFP via Getty Images

Fed cuts rates by quarter percentage point — and rips up playbook for next year

Dec 19, 2024
The December rate cut was expected. But the Fed also reduced the number of expected rate cuts for 2025.
In September, Federal Reserve officials penciled in four interest rate cuts for 2025; now, they're only penciling in two.
Alex Wong/Getty Images

Fed reduces key rate by a quarter-point, envisions fewer cuts in 2025

Dec 18, 2024
“We’re closer to the neutral rate, which is another reason to be cautious about further moves," said Fed Chair Jerome Powell.
Andrew Caballero-Reynolds/Getty Images

Will new tariffs affect monetary policy? For now, it's wait-and-see

Dec 9, 2024
Carola Binder, an economist at the University of Texas at Austin, explains why tariffs might cause prices to rise, but they doesn't necessarily mean the Fed will get involved right off the bat.
Imported cars parked at the Port of Los Angeles.
Mario Tama/Getty Images

Inflation expectations are calm, but some expect that to change

Nov 20, 2024
The Federal Reserve may take note of whether businesses anticipate having to pay higher wages or raise prices under the next administration.
Consumers want prices to fall back to pre-pandemic levels, said Chris Jackson, head of public polling at Ipsos.
Michael M. Santiago/Getty Images

For public good, not for profit.

What a second Trump term would mean for the central bank

Nov 8, 2024
On Thursday, Fed Chair Jerome Powell wouldn’t rule out an interest rate hike next year, though that's not the plan at this point.
At Thursday's press conference, Federal Reserve Chair Jerome Powell wouldn’t rule out an interest rate hike next year.
Kent Nishimura/Getty Images

The Fed's about to get its preferred measure of inflation. Here's what it could mean.

Oct 30, 2024
The PCE index could come in at the central bank's much-vaunted target of 2% inflation.
The PCE may have dipped to or close to the Federal Reserve's 2% inflation goal, thanks in part to falling gas prices.
Brandon Bell/Getty Images

Look for predictability in the Fed's interest rate decision next week

Oct 29, 2024
While there's a lot of new economic data coming out between now and then, it will probably be relevant for later Fed meetings.
The Fed under Chair Jerome Powell, above, has a pattern: Set expectations and follow through.
Anna Moneymaker/Getty Images