News

In a couple of weeks we will get the first reading for third quarter GDP growth, and the current consensus among economists ...
Tariffs can be inflationary if they reduce real economic output, but the size of the effect matters. Read more here.
We present new evidence on the impact of fiscal variables on long-term interest rates and term premia in the United States. To alleviate endogeneity problems, we follow the seminal methodology by ...
U.S. agriculture is on the brink of a financial shakeout that will be the worse since the farm crisis of the 1980s. This is ...
Updated estimates of real equilibrium interest rates in the euro area, derived from eight prominent methodologies proposed in the academic literature, deliver a wide range of estimates, partly because ...
The rule of 70 is a calculation that estimates the number of years it takes for investments to double in amount at a specific, constant rate of return.  It is frequently used when comparing ...
For mortgage interest rates to decline, the economy must show signs of cooling. "We'd need a real pivot moment — like a clear, sustained drop in inflation or a crack in employment that forces the Fed ...
Mortgage rates were down a bit, but are not moving meaningfully, even as home prices keep climbing. Many buyers need assistance with down payments.
A real interest rate is one that has been adjusted for inflation, reflecting the real cost of funds to the borrower and the real yield to the lender.
An interest rate is the cost of borrowing money or the premium you get for lending money. Learn how interest rates affect the economy.