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Catarina Saraiva

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THE FEDERAL RESERVE is expected to cut interest rates by a quarter of a percentage point next week and again in December. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed seen cutting rates twice more in 2019 before holding steady

WASHINGTON – United States central bankers will trim interest rates by a quarter percentage point next week, and again in December, before leaving the...
RHODE ISLAND HAS RECOVERED from the 2008 recession in everything but real estate prices, according to Bloomberg News/ COURTESY BLOOMBERG NEWS.

Bloomberg report: R.I. recovers from recession everywhere but real estate

NEW YORK - As the U.S. economy enters its ninth year of expansion this month, many Americans feel the recovery has been incomplete -...
A YEAR ago, the Federal Reserve was forced to back away from its earlier projection for four interest-rate increases in 2016. This year, everyone’s coming around to the Fed’s view. / BLOOMBERG NEWS PHOTO

Fed, economists and investors show rare harmony on rate outlook

WASHINGTON - A year ago, the Federal Reserve was forced to back away from its earlier projection for four interest-rate increases in 2016. This...

Big-city millennials are under-saving for their down payments

WASHINGTON - Bucking their rent-not-own reputation, millennials are looking forward to buying a home, but many have grossly underestimated just how much they’ll need...

Fed’s next rate move splits economists looking past March FOMC

WASHINGTON - The great American jobs machine keeps humming and inflation is finally stirring to life. Still, economists are split over how aggressively the...
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