
Topic
Why booms and busts keep repeating
The US economy has logged 13 recessions since 1945, per the NBER's cycle table. Expansions ran 64.2 months on average since 1945, while contractions lasted 10.3 months.

The US economy has logged 13 recessions since 1945, per the NBER's cycle table. Expansions ran 64.2 months on average since 1945, while contractions lasted 10.3 months.

The FOMC raised the federal funds target range by 25 basis points to 3.75 to 4.00 percent on September 16, 2026. How that lever reaches household loans.

The word gets thrown around constantly. The official call comes from a private research group, months late.