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Economy

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Federal Reserve Faces High-Stakes Rate Decision Amid Cooling Inflation and Geopolitical Jitters
Posted inEconomy

Federal Reserve Faces High-Stakes Rate Decision Amid Cooling Inflation and Geopolitical Jitters

The Federal Reserve prepares for a pivotal interest rate decision in Washington next week, caught between encouraging domestic economic data and rising global uncertainty. While recent government reports show cooling…
Posted by Prasenjit Bhowmik July 24, 2026
High Prices Here to Stay Until 2028 as Inflation and Supply Chain Shocks Persist, Top Economist Warns
Posted inEconomy

High Prices Here to Stay Until 2028 as Inflation and Supply Chain Shocks Persist, Top Economist Warns

American consumers hoping for a swift end to years of inflationary pressures face a prolonged wait, as corporate supply chain strains and global trade disruptions are projected to keep everyday…
Posted by Prasenjit Bhowmik July 24, 2026
Federal Reserve's 2% Inflation Goal Pushed to 2028 as High Prices Persist, Economists Warn
Posted inEconomy

Federal Reserve’s 2% Inflation Goal Pushed to 2028 as High Prices Persist, Economists Warn

American consumers hoping for a swift end to years of inflationary pressures face a harsh reality check this year, as top economists warn that the Federal Reserve's 2% inflation target…
Posted by Prasenjit Bhowmik July 24, 2026
Inflation Relief Delayed Until 2028 as CEO Confidence Plummets and Structural Costs Rise
Posted inEconomy

Inflation Relief Delayed Until 2028 as CEO Confidence Plummets and Structural Costs Rise

American consumers holding out hope for immediate relief from years of elevated living costs face a prolonged period of high prices, as the Federal Reserve's 2% inflation target is unlikely…
Posted by Prasenjit Bhowmik July 24, 2026
Global Bond Yields Surge as Brent Crude Nears $100 Amid Middle East Escalation
Posted inEconomy

Global Bond Yields Surge as Brent Crude Nears $100 Amid Middle East Escalation

Global financial markets experienced severe friction this week as benchmark government bond yields across the United States, Europe, and the United Kingdom surged to multi-month and multi-year highs. The aggressive…
Posted by Prasenjit Bhowmik July 24, 2026
Starter Home Affordability Creeps Back as Sun Belt Builders Lead Regional Recovery
Posted inEconomy

Starter Home Affordability Creeps Back as Sun Belt Builders Lead Regional Recovery

Discover how rising inventory and Sun Belt builders are slowly bringing affordable starter homes back to the market for first-time buyers.
Posted by Prasenjit Bhowmik July 24, 2026
U.S. Home Sales Unexpectedly Drop 2.4% in June as Record Prices and High Rates Chill Demand
Posted inEconomy

U.S. Home Sales Unexpectedly Drop 2.4% in June as Record Prices and High Rates Chill Demand

High mortgage rates and record prices drove an unexpected 2.4 percent drop in US home sales this June as buyers face worsening affordability.
Posted by Prasenjit Bhowmik July 24, 2026
U.S. Home Sales Unexpectedly Drop 2.4% in June as High Rates Curb Demand
Posted inEconomy

U.S. Home Sales Unexpectedly Drop 2.4% in June as High Rates Curb Demand

Discover why US home sales unexpectedly fell in June as high mortgage rates and record prices sidelined buyers during the peak summer season.
Posted by Prasenjit Bhowmik July 24, 2026
U.S. Pending Home Sales Drop 5.4% in June as High Rates Cool Demand
Posted inEconomy

U.S. Pending Home Sales Drop 5.4% in June as High Rates Cool Demand

US pending home sales unexpectedly fell 5.4 percent in June as high mortgage rates and affordability challenges kept prospective buyers on the sidelines.
Posted by Prasenjit Bhowmik July 24, 2026
Mortgage Rates Jump to 6.55%, Reaching Highest Level in Nearly a Year
Posted inEconomy

Mortgage Rates Jump to 6.55%, Reaching Highest Level in Nearly a Year

US mortgage rates have climbed to a one-year high of 6.55 percent as geopolitical tensions and rising bond yields pressure the housing market.
Posted by Prasenjit Bhowmik July 24, 2026

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