The U.K. stunned the world by voting to leave the EU. After months of bruising campaigning, British voters have chosen to reshape their country’s place in the world. Listen to Dr. Mark Zandi, Chief Economist of Moody’s Analytics, as he discusses the economic & financial aftermath of the #Brexit.
Rising global temperatures caused by increasing greenhouse gas pollution pose substantial risks to the global economy.
OPEC+ announced a significant cut to its collective output limit, just as the U.S. economy is vulnerable and financial market conditions have tightened.
If there was any doubt that the Federal Reserve was serious about taming inflation, it should be gone after the September meeting of the Federal Open Market Committee as it hiked the target range for the fed funds rate by 75 basis points and signaled a noticeably higher terminal rate than previously thought.
Treasury has been using its available cash to pay its bills, but by mid- to late October those funds will be exhausted. Someone would not get paid in a timely way.
Lawmakers appear close to passing into law the Inflation Reduction Act of 2022.
Owning one's home is arguably the most effective way for lower- and middle-income Americans to build wealth and critical to building more stable communities and a stronger economy.
At first glance, it is understandable that some are worried about the health of the U.S. consumer.
Global supply chains have been badly scrambled since just after the COVID-19 pandemic struck more than two years ago.
Fannie Mae and Freddie Mac were created by Congress to provide a liquid secondary mortgage market to broaden access to homeownership.
The U.S. economy is flying through the different phases of the business cycle; we recently moved the economy from the recovery to expansion phase of the business cycle.