Forecasters see growing chance of a recession as Fed hikes rates this year to fight inflation
The probability of recession in the U.S. was raised to 33% in the next 12 months, up 10 percentage points from the Feb. 1 survey.
The probability of recession in the U.S. was raised to 33% in the next 12 months, up 10 percentage points from the Feb. 1 survey.
The headline producer price index rose 0.8% in February, which actually was slightly lower than the 0.9% Dow Jones estimate.
Single-family rents were up 38.6% in Miami, compared with just a 2% jump for the city in January 2021.
Even in a sluggish economy, there will be a few industries, and companies, that seem to escape unscathed– somehow avoiding the ups and downs that...
Investors may take the Federal Reserve's first post-pandemic rate hike in stride, while uncertainty surrounding Ukraine continues to hang over markets.
Borrowers rushed to take advantage of a brief drop in rates, but those rates are already on the rise again.
The CNBC Rapid Update, the average of 14 forecasts for the U.S. economy, sees GDP rising by 3.2% this year, a modest 0.3% markdown from...
The consumer price index for February was expected to rise 7.8% over the past year, according to Dow Jones estimates.
The Federal Reserve sent $9 trillion into U.S. bond markets amid recent emergencies. Reducing the balance of this portfolio could spark a recession.