JPMorgan Chase economists on Friday bailed on their recession call, joining a growing Wall Street chorus that now thinks a contraction is no longer inevitable. While...
Category: Economy
The Fitch analyst behind the U.S. downgrade breaks down the decision—and how the country can regain the top rating
The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London, Britain. Reinhard Krause | Reuters It’s not a growing jobs...
The Bank of Japan just shocked markets with a policy tweak — here’s why it matters
The Bank of Japan headquarters in Tokyo. Bloomberg | Getty Images The Bank of Japan announced Friday “greater flexibility” in its monetary policy — surprising global...
Key Fed inflation rate falls to lowest annual level in nearly 2 years
Inflation showed further signs of cooling in June, according to a gauge released Friday that the Federal Reserve follows closely. The personal consumption expenditures price index...