Economy News When Powell Says The Economy Has Slowed, That S Good News, Says Jim Cramer

Fed Chair Powell Says US Economy ‘Firmer’ Than Expected, But Warns of Rising Labor Market Downside Risks

Fed Chair Jerome Powell says the US labor market may be beginning to show signs of weakness. In a speech at the National Association for Business Economics Global Economy conference in Philadelphia, ... Read More

Powell says Fed has good handle on economy despite shutdown, labor market weakness remains a key risk

Federal Reserve chair Jerome Powell said the central bank has a good read on the economy despite the government shutdown, with labor market weakness remaining the key risk to the economy. Although ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

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 this year. 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