Economy News Economy S Solid Growth Could Require More Fed Hikes To Fight Inflation, Says Fed S Jerome Powell

Stronger Economy Halts Fed’s December Rate Cut

Job growth and recent inflation data show the U.S. economy is stronger than expected, hiring remains healthy and inflation has ticked up. Federal Reserve Chair Jerome Powell’s resistance to sharply ... Read More

An unusual trend in the economy is worrying the Fed

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. Read More

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn infla ... Read More

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

Analysis: How much could the federal government shutdown cost the economy?

This article originally appeared on PolitiFact. The federal shutdown — one month long and counting — has an obvious economic impact for government workers who aren’t receiving paychecks and food aid ... Read More