The Federal Reserve on Wednesday finally raised interest rates after a year of anticipation and for only the second time since 2006.
The Dow Jones Industrial Average (INDEXDJX:.DJI) and the S&P 500 (INDEXSP:.INX) hit new record highs on Tuesday, ahead of a key Federal Reserve meeting.
While we tend to focus on deficit and debt, government borrowing should be seen as the symptom. The real problem is excessive government spending.
What were the most noteworthy, or best and worst events from 2015? CATO economist and PPD contributor Dan Mitchell breaks it down.
The Federal Reserve announced Wednesday it approved the first interest rate hike since the Great Recession following seven years of near-zero interest rates.
Minutes from the Federal Open Market Committee meeting in October showed “most” members thought December could be the month to start policy normalization.
The Federal Reserve has given us the weakest recovery since the Great Depression, labor force participation that won’t recover and incomes stagnation.
The Labor Department said on Thursday the Consumer Price Index (CPI) showed posted its biggest drop in 8 months in September as the cost of gasoline fell.
The Bureau of Labor Statistics reported on Wednesday that the Labor Department’s Producer Price Index (PPI) fell 0.5% in September, missing expectations.
The Federal Reserve policy-making committee decided against raising short-term interest rates on Thursday, opting rather to suggest a rate hike in December.