As expected, the Federal Open Market Committee left interest rates unchanged on Wednesday for the first time since July. Two Fed governors, both appointed by Donald Trump, dissented, arguing as Trump has been, that the central bank should continue to lower interest rates. From a peak of 5.25% to 5.5% that lasted until September 2024, […]

 Donald Trump flew to Michigan Tuesday to celebrate his economic policies and although he was in front of the Detroit Economic Club, he rambled on for 40 minutes before he got to the key issue of housing and even then, gave it only a brief mention. House prices are high up on the list […]

 Lost amidst the consequential challenges with the Venezuelan imbroglio is the fact that valuable tax credits that tens of millions of Americans use to purchase their health insurance expired at the end of 2025. The consequence will be vast increases in premiums for these middle- and lower-income families, which will cause many to drop […]

New jobs figures released on Tuesday morning paint a potentially worrisome picture of the employment sector, with unemployment rising and the number of new jobs at low levels. Why has this been happening in an economy that is still growing? A range of reasons, from the Trump tariffs to artificial intelligence to general belt-tightening by […]

 As expected, the Federal Reserve cut interest rates by another 0.25% at its meeting Wednesday but in the course of doing so, it signaled that further rate cuts next year are likely to be modest. A further signal that enthusiasm for cutting rates is ebbing was the dissents by two Federal Open Market Committee […]