Tag: us government independent agencies
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The economy may be in better shape than you think — for now
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. New York CNN Business — The housing market is rapidly losing steam. Interest rates continue to rise. The stock market remains volatile. And inflation continues to be a major problem for people trying…
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The Fed doubles down on message to markets — aggressive rate hikes aren't going away
New York CNN Business — The US Federal Reserve is delivering a hawkish message to markets: We hear you, we see you, but you can’t stop us — aggressive rate hikes aren’t going away. Wall Street seems to be listening. Markets now see an 86% chance of a three-quarter point hike at the September Fed…