Economy News Why The Fed’s Powell Is Not Satisfied With The Economy That Biden Is Celebrating

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More

Powell Signals Fed May Not Cut Again This Year. Here’s Why.

Powell acknowledged “strongly different views” within the Federal Open Market Committee during October’s policy decision. Read More

Powell warns shutdown is clouding Fed’s view of the economy: 'Driving in the fog'

Federal Reserve Chairman Jerome Powell said Wednesday it remains unclear whether the ongoing government shutdown and the resulting lack of key economic data will affect the central bank’s December ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says

WASHINGTON — A sharp slowdown in hiring poses a growing risk to the US economy, Federal Reserve chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more ... Read More