The Fed As A Source Of Economic Growth Is A Monstrous Delusion

Government intervention or central planning that never works during the good times hardly takes on growth-oriented virtue during the supposedly bad. Read More

The Fed Will Cut Rates Next Week. Thursday’s Consumer Inflation Reading Could Suggest It Shouldn’t.

Stagflation, commonly defined as a period of slowing growth, quickening inflation, and rising unemployment, largely has been absent from the U.S. economy since the late 1970s. Read More

Trump says Fed rate cuts will make a solid US economy even better. Is he right?

Though Trump wants rate cuts, he appears to disagree with the Fed on why the timing is right, said Paul Ashworth, chief North America economist for Capital Economics. In August, Trump ordered the ... Read More

Here's why rate cuts might not end up boosting the economy

Fed rate cuts could cut into retirees' income and spark hesitancy among borrowers in the US, JPMorgan Asset Management's David Kelly said. Read More

Rate cuts don't stimulate growth, U.S. economy is ‘slowing slowly' – JPMorgan

JPMorgan’s David Kelly discusses why U.S. economic growth is slowing, the limits of Fed rate cuts, and how policy uncertainty impacts markets. Read More

Fed Chair Jerome Powell signals path to rate cuts in Jackson Hole speech

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More

Powell Is on the Cusp of Taking a Big Gamble With the U.S. Economy

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates. Jerome H. Read More

Fed Chair Jerome Powell faces delicate balancing act in Jackson Hole speech on Friday

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More