The Fed will lower interest rates under 3% as a mild recession leads to a 'soggy 2024,' UBS chief economist says

Tech Insider : Economy
In this photo taken while zooming with a slow shutter speed Federal Reserve Board Chair Jerome Powell speaks during a news conference about the Federal Reserve's monetary policy at the Federal Reserve, Wednesday, Dec. 13, 2023, in Washington.
Federal Reserve Board Chair Jerome Powell

Alex Brandon/AP Photo

The great Rolex recession is here: How the Fed crushed the luxury-watch boom

Tech Insider : Economy
Rolex Milgauss

Rolex

Japan's aging population offers a roadmap for the US economy's inflation battle

Tech Insider : Economy
An elderly clerk waits to serve customers in front of a shop in Tokyo, Japan, Sept. 18, 2023.
Eurizon strategists said Japan's aging population provides clues to the US inflation outlook.

Xinhua News Agency / Getty Images

Financial disaster is looming for American commercial real estate. Here's what experts see happening next.

Tech Insider
manhattan sunset
Experts have been worried about the commercial real estate space for months as over a trillion dollars in debt approaches maturity.

Nick Laham/Getty

Minimum-wage workers in Turkey just got a 49% pay rise, but they're probably not that happy about it

Tech Insider : Economy, Economy
Currency exchange in Istanbul, Turkey.
A currency exchange shop in Istanbul, Turkey.

Chris McGrath/Getty Images

Recession will hit the US in 2024 – so get ready for massive interest-rate cuts, UBS says

Tech Insider : Economy, Economy
Jerome Powell
Federal Reserve Chair Jerome Powell.

Alex Wong/Getty Images

The US dodged a recession in 2023. There's a good chance it does it again in 2024, former top Fed official says.

Tech Insider : Economy, Economy
Robert Kaplan
Former Dallas Federal Reserve Bank President, Robert Kaplan, stands on a stage at Stanford University's Hoover Institution where he is attending an annual monetary policy conference in Stanford, California, May 4, 2018.

Ann Saphir/Reuters

9 things that will define the economy in 2024

Tech Insider : Economy
US Federal Reserve Chair Jerome Powell
The Fed expects to lower interest rates three times next year.

Liu Jie/Xinhua via Getty Images

Million-dollar income households are renting — not buying — more than ever

Tech Insider
A tiny model house placed on a stack of coins.
Renting is an increasingly popular option, even for high-income earners.

Sakchai Vongsasiripat/Getty Images

Rates on the most popular US home loan drop to the lowest in 6 months

Tech Insider
A FOR SALE sign is displayed outside a property on Madison Ave. in Toronto.
Interest-only mortgages were much more strictly regulated after the financial crisis, but now higher-income borrowers are turning to them as home prices stay high.

Lance McMillan/Getty Images

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