Federal Reserve System

Business & Finance

Economists say the labor market is strong — but job seekers don't share that confidence. Here's why

The job market looks solid on paper. Over the course of 2023, U.S. employers added 2.7 million people to their

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Business & Finance

With rate cuts on the horizon, here are 4 of the best places for short-term savings in 2024

Boy_anupong | Moment | Getty Images After higher yields in 2023, investors are bracing for interest rate cuts that could

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Business & Finance

Mortgages, auto loans, credit cards: Expert predictions for interest rates in 2024

The Federal Reserve‘s effort to bring down inflation has so far been successful, a rare feat in economic history. The central

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Business & Finance

The U.S. avoided a recession in 2023. What’s the outlook for 2024? Here’s what experts are predicting

Grocery items are offered for sale at a supermarket on August 09, 2023 in Chicago, Illinois.  Scott Olson | Getty

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Business & Finance

Fed sparking irrational market optimism over potential rate cuts, former FDIC Chair Sheila Bair warns

Market optimism over the potential for interest rate cuts next year is dangerously overdone, according to former FDIC Chair Sheila

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Business & Finance

Why Fed rate hikes take so long to affect the economy, and why that effect may last a decade or more

The U.S. economy continues to grow despite the 5.5% benchmark federal funds interest rate set by the Federal Reserve in

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