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

Fed Chair Powell says hiring slowdown poses economic risks, hinting at more rate cuts ahead

Powell said the labor market's outlook hasn't changed much since the central bank's September meeting, when it penciled in two more rate cuts this year. Read More

Weak Jobs, Solid Growth and a Fraught Fed Future: The Outlook, Visualized

Economists have two views of the economic landscape, according to The Wall Street Journal’s latest quarterly survey. Read More

Fed's Powell says economy may be on firmer footing, but job market weak

The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair Jerome ... Read More

No one can seem to kill America’s economy, despite everyone’s best efforts

Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ... Read More

Fed cautious on rate cuts as GDP surges; warns of potential inflation risks

WASHINGTON (TNND) — The U.S. economy is showing surprising strength, with new government data revealing a faster pace of growth last quarter than previously estimated. The Commerce Department reported ... Read More

OECD Hikes U.S. Growth Outlook, But Warns On 2026 Because of This Troubling Trend

The Organization for Economic Co-operation and Development (OECD) forecasts that the U.S. will see higher-than-expected economic growth through this year, but warned that the economy is still in the ... Read More

-U.S. economy needs more Fed stimulus 'in coming months,' Brainard says

The Federal Reserve "in coming months" will need to roll out new efforts to help the economy overcome the impact of the coronavirus pandemic and live up to the U.S. central bank's new promise of ... Read More