The Latest Breaking News from Aneta Markowska

All eyes are on Tuesday's crucial inflation report. Here's how the Fed, the economy, and markets may respond

Investment banks see inflation falling in November, but that may not be enough to protect the U.S. economy from a recession.

Fortune · Dec 12, 2022

Deeper US recession looms as resilient labor market spurs Fed

The odds of a U.S. recession are rising. And the chances it will be mild are falling.

Tribune News Service · Nov 3, 2022

Biggest rate hike in years expected as Fed tackles inflation

The Federal Reserve is expected to announce its largest interest rate hike since 1994 — a bigger increase than it had previously signaled and a sign that the central bank is struggling to restrain stubbornly high inflation

The Independent UK · Jun 15, 2022