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Still-elevated inflation and a job market that won't quit mean predictions for interest rate cuts in June are being pushed back.

JPMorgan's Jamie Dimon, Goldman's David Solomon, and Citi's Jane Fraser caution that the economy still faces plenty of headwinds.

The attack on Iran on Friday isn't as important for US inflation as domestic demand, said an economist at a private Swiss bank.

Investors are finally waking up to the idea that the interest-rate cuts seen as a slam dunk earlier this year may not happen in 2024.

Russia's economy is thriving amid Western sanctions and the ongoing war with Ukraine, according to the Central Bank of Russia.

The Federal Reserve is likely to continue holding interest rates steady this week, but a cut could come later in the year.

Allowing people to keep cheap mortgage rates when they move home could boost listings and transactions, but may also risk creating fresh problems.

Higher interest rates are causing problems for US commercial real estate and ripples are spreading worldwide, but bargain hunters are ready to pounce.

The Fed forecast in December there would be three interest rate cuts in 2024. Fed Chair Powell said in a "60 Minutes" interview that nothing has changed.

Inflation rose at a higher-than-expected rate of 3.4% last month, damping market expectations of imminent cuts to interest rates.

US home prices climbed 5.2% in November, according to data from CoreLogic, as lower mortgage rates and dwindling supply propped up the market.

Some common developments between 1970s and 2024 include large fiscal deficits, huge government spending, and changing trade flows.

Mortgage rates are finally falling, the real-estate brokerage said, after a year where higher borrowing costs drove away potential homebuyers.