Economy

Fed Chief Powell says stock prices appear ‘fairly highly valued’

Fed Chief Powell says stock prices appear ‘fairly highly valued’

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy, in Washington, D...

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OECD lifts U.S., global growth forecasts as economies surprise to the upside

OECD lifts U.S., global growth forecasts as economies surprise to the upside

Container backlog occurs at Longtan Port Container Terminal in Nanjing, Jiangsu Province, China, on September 21, 2025. (Photo by Costfoto/NurPhoto via Getty Images) Costfoto| Nurphoto | Getty ...

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The Fed cut its interest rate, but mortgage costs went higher

The Fed cut its interest rate, but mortgage costs went higher

Torsten Asmus | Istock | Getty Images Longer-term Treasury yields jumped this week, flying in the face of the Federal Reserve’s interest rate cut, as bond investors didn’t get t...

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Steve Bannon floats idea of Bessent running both Treasury and the Fed

Steve Bannon floats idea of Bessent running both Treasury and the Fed

U.S. Treasury Secretary Scott Bessent speaks to the press, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025. Violeta Santos ...

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Germany was billed as Europe’s growth driver. Now, economists aren’t convinced

Germany was billed as Europe’s growth driver. Now, economists aren’t convinced

German Chancellor Friedrich Merz addresses the Bundestag during a debate over the 2025 federal budget on September 17, 2025 in Berlin, Germany. Nadja Wohlleben | Getty Images News | Getty Image...

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Hassett says Fed made ‘prudent call,’ signaling White House OK with quarter-point cut

Hassett says Fed made ‘prudent call,’ signaling White House OK with quarter-point cut

The Federal Reserve’s decision to cut its key borrowing rate by a quarter percentage point seems to be sitting well with the White House, if National Economic Council Director Kevi...

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