REAL ECONOMY BLOG | November 14, 2022 Authored by RSM US LLP As the Federal Reserve struggles to tame inflation, the central bank is raising…
(authored by RSM US LLP) The U.S. economy faces a recession over the next 12 months, as the Fed raises rates to tame inflation, says…
(authored by RSM US LLP) New housing starts fell by 8.1% in September as the impact of rising mortgage rates worked through the housing market.
(authored by RSM US LLP) Consumer sentiment rose for the fifth straight month to 59.8 in October but a worsening inflation outlook clouded the otherwise…
(authored by RSM US LLP) The U.S. economy is proving far more resilient in the face of sustained pricing pressures than otherwise thought a short…
(authored by RSM US LLP) The Federal Reserve raised its policy rate by 75 basis points on Wednesday, the third straight increase of that size…
(authored by RSM US LLP) The labor market showed continuing strength as last week’s new filings for jobless claims fell for the fourth week in…
(authored by RSM US LLP) The U.S. unemployment rate now stands at 3.458%, the lowest rate in 50 years and one that many of us…
(authored by RSM US LLP) A 100-basis-point increase in the federal funds rate will be on the table during the Federal Open Market Committee meeting…
(authored by RSM US LLP) The Federal Reserve’s changes to short-term interest rates will affect the stock of money, which directly determines the direction of…