US Economy News Today: Fed Chair Jerome Powell is Looking More Dovish

China's central bank cut its lending rate in a surprise move and economy watchers attempt to digest what Kamala Harris' candidacy would mean on the fiscal policy front. Read More

US Economy News Today: Powell Says He Sees Inflation Improvement

Today, Federal Reserve Chair Jerome Powell spoke in Washington, D.C. and China's economy grew slower than expected. China’s gross domestic product (GDP) rose 4.7% year-over-year in the second quarter, ... Read More

Powell Tells Congress Inflation Is Coming Under Control. Is it Enough to Calm Angry Voters?

Federal Reserve Chairman Jerome Powell acknowledged ... a slight downshift in economic activity and with the soft May inflation print, it is not obvious that the economy requires policy easing ... Read More

Powell: Inflation might not return to Fed’s 2% goal until late next year

Federal Reserve Chairman Jerome Powell said Tuesday that annual inflation might not return to the Fed’s ... to near-zero in order help insulate the economy from the fallout of COVID-19 lockdowns ... Read More

Fed's Powell highlights slowing job market in signal that rate cuts may be nearing

Powell pointedly noted that “elevated inflation is not the only risk we face ... and spending and cool the economy. In the past, Powell and other Fed policymakers have repeatedly stressed ... Read More

Americans are ticked off about the economy. Here’s why.

The news The question wasn’t for President Biden, whose poll numbers show deep dissatisfaction with his handling of the economy. It was for Jerome Powell, chair of the Federal Reserve ... Read More

Fed Chair Powell grilled over inflation and other economic issues

(The Center Square) – Federal Reserve Chair Jerome Powell was grilled ... slammed President Joe Biden during the hearing, saying that Biden “broke America’s economy” and that the Biden ... Read More

Will The Economy Matter for Trump, Biden at the Debate?

Will The Economy Matter at the Debate? Trump will likely focus on inflation and Biden ... Federal Reserve Chairman Jerome Powell said in a speech in May. “Immigration is also not a policy ... Read More

Fed's Powell: Prices are ‘back on disinflationary path,’ but more confidence is needed

Federal Reserve Chair Jerome Powell said Tuesday that policymakers have made "quite a bit" of progress on fighting inflation, but he needs to see more evidence before starting to reduce interest ... Read More

Opinion: Inflation is finally down, but don’t pop the champagne just yet

Electricity prices declined in June -Rent had its smallest monthly increase (0.2%) since August 2021.”   Despite the news, the White House would be smart to keep the cork in the champagne bottle. Read More

When it comes to the economy, why does Biden get little credit?

"He's not a very good messenger," Feehery said. "Biden doesn't really get credit ... responsible for providing the public with news about the economy, he speculated on "All In with Chris Hayes." ... Read More

How Trump and Biden plan to help the economy

Trump received some of the highest marks from voters for handling the economy. A Wall Street Journal poll in March found that most voters trusted him to do a better job than Biden in bringing down ... Read More