The Shadow of Elevated Interest Rates Continues to Loom over US Banks
More than a year has elapsed since the collapse of Silicon Valley Bank, yet elevated interest rates continues to loom over the US banking landscape.
More than a year has elapsed since the collapse of Silicon Valley Bank, yet elevated interest rates continues to loom over the US banking landscape.
Jeffrey Gundlach, the chief executive of investment management company DoubleLine Capital, expects a U.S. recession as soon as this year.
Fed officials have made clear in recent weeks that they aren’t ready to cut interest rates yet, and finance professionals are getting the message.
Nearly five months through 2024, the major stock indexes are near record highs.
A disconnect remains in the US economy: growth and softening inflation versus Americans' pervasive pessimism and uncertainty about the future.
This is a story about how interest rate hikes are supposed to work, and why they might not be working as intended right now—at least.
U.S. economy is not in recession, contrary to belief held by many Americans. A recent poll conducted by Harris for The Guardian reveals misconception.