Economy

Federal Reserve vice-chair backs smaller hikes, saying inflation easing

However, interest rates must remain elevated "for some time," Brainard said

By Christopher Rugaber, The Associated Press |January 19, 2023

3 min read

Big Six banks face challenging 2023: DBRS Morningstar

Indebted consumers, slower economic growth, potential for recession are key factors in play

By Staff |January 19, 2023

2 min read

Outlook for life insurers remains stable: DBRS Morningstar

Rising interest rates should boost life insurers’ portfolios in the longer term

By Maddie Johnson |January 18, 2023

2 min read

Rate hikes have begun to quell U.S. inflation: Fed’s Mester

Mester's comments are notable because she is among the more consistently hawkish members

By Christopher Rugaber, The Associated Press |January 18, 2023

4 min read