Fed official reveals why America's economy remains 'really healthy' despite holding off on rate cuts

Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the U.S. economy is "really healthy." ... Read More

2 former Fed economists say Chair Jerome Powell is facing an epic conundrum

It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is likely to be even tougher. Read More

Fed's Hammack sees no urgent reason to lower rates - Fox Business

Federal Reserve Bank of Cleveland President Beth Hammack said on Monday she sees no imminent need to lower interest rates right now given that inflation is still too high, amid ongoing uncertainty ... Read More

The June jobs report showed a bigger-than-expected increase in employment. The Fed’s rate cuts are on hold for now.

The U.S. added a decent 147,000 jobs in June that pointed to resilience in the labor market, but the pace of hiring has slowed since last year as businesses grapple with trade wars and an immigration ... Read More

Will Fed rate cuts be big or small? Why it's a 'coin toss' right now

Why would the Fed decrease interest rates? The central bank reduces interest rates to trim consumer and business borrowing costs, jolting a weak economy or propelling it from recession. It raises ... Read More

Small Businesses Struggled to Grow in 2024, Says Fed Report

A new Federal Reserve survey shows more small businesses saw revenue declines than gains in 2024, highlighting ongoing challenges with growth, debt, and sales. Read More

Worried About the Economy, America’s Small Businesses Are Reducing ...

The mood on Main Street continues to worsen as unpredictable trade policy and a loosening labor market weighs on America’s small businesses, according to a monthly survey. Read More

Small businesses say they're pulling back on hiring amid tariff ...

Some small business owners say they are pulling back on hiring as tariff-driven cost increases make bringing on new employees an untenable proposition. Read More

Trump pushes Fed chairman Jerome Powell to slash rates after weak ...

President Trump on Wednesday pressured “Too Late” Fed Chair Jerome Powell once again to slash interest rates after an ADP report showed much weaker-than-expected hiring in the private sector. Read More

Fed sees rising risks to economy as it leaves rates unchanged

The Fed can't respond, however, until it is clear which way the economy pivots, and how it assesses the risks to its two goals of holding inflation to 2% and sustaining maximum employment. Read More

Fed holds interest rates but keeps door open to a cut in ... - NBC News

Federal Reserve officials said Wednesday that while there are signs the economy is slowing, the Fed was not yet ready to cut its key interest rate. Read More

Worried About the Economy, America’s Small Businesses Are ... - MSN

The mood on Main Street continues to worsen as unpredictable trade policy and a loosening labor market weighs on America’s small businesses, according to a monthly survey. Read More