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

Fed's Powell addresses economy pulled between risks to growth, jobs and prices

PHILADELPHIA (Reuters) -Federal Reserve Chair Jerome Powell on Tuesday delivers his last scheduled remarks before the Fed's next meeting with the economy enjoying stronger-than-expected growth and a ... Read More

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

Powell says Fed taking meeting-by-meeting approach to interest rate cuts Fed chief says elevated inflation partly due to impact of tariffs Hiring and layoffs remained low through September, he says ... Read More

U.S. economy still vulnerable to tariff shocks, IMF says, and labor shortages tied to immigration crackdown could also sting

The U.S. economy hasn’t suffered much so far from increases in tariffs or a decline in the labor supply due to tighter immigration rules. But that might change. So says a new report from the ... Read More

Slowdown in U.S. hiring suggests economy still needs rate cuts, Fed's Powell says

Washington — 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 more ... Read More

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

Economists have two views on the nation’s economy—stronger-than-expected growth and weaker employment prospects. The split boils down to the forces driving the economy: a boom in investment in ... Read More

Fed's Powell Says Economy May Be on Firmer Footing, but Job Market Weak

PHILADELPHIA (Reuters) -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," ... 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 U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more ... 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