The U.S. Economy Is Stronger Than Expected. That Could Keep Interest Rates Higher for Longer

The U.S. Economy Is Stronger Than Expected. That Could Keep Interest Rates Higher for Longer

The post The U.S. Economy Is Stronger Than Expected. That Could Keep Interest Rates Higher for Longer appeared first on 24/7 Wall St.. The biggest question facing investors today isn’t whether the U.S. economy is slowing — it’s whether it’s slowing enough for the Federal Reserve to finally begin cutting interest rates. New data suggests the answer may be no. S&P Global‘s flash PMI report for July showed business activity accelerating more than e…

Wells Fargo Sees Rates Higher for Longer as AI Data Centers Anchor Commercial Construction

Wells Fargo's latest U.S. outlook warns that stubborn inflation and a more hawkish Federal Reserve will keep borrowing costs elevated into 2027, sustaining the affordability squeeze on housing and traditional commercial property even as the artificial intelligence buildout keeps data center and power construction humming. The post Wells Fargo Sees Rates Higher for Longer as AI Data Centers Anchor Commercial Construction appeared first on The Reg…