Economy News Is The Us Economy Too Strong Why Some Economists Now Say No Rate Cuts This Year

Even AI can't save the US economy from one of its biggest risks, Moody's Mark Zandi says

Moody's economist Mark Zandi warns that the trend of deglobalization will act as a headwind that could offset the boost provided by AI next year. Read More

The unprecedented government shutdown will weigh on a US economy already under stress

The six-week government shutdown that came to an end late Wednesday will be another drag on an economy already facing many challenges, though the full impact will take months to measure ... 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

Could the government shutdown tip the US into a recession? Experts weigh in

The U.S. economy remains largely unscathed but pressure could mount. The U.S. economy remains largely unscathed by the government shutdown, but the nation could risk economic peril if the impasse ... Read More

Trump doubles down on the economy despite a strong rebuke from voters

Even as Republicans have started to feel political heat on economic issues, Trump has continued to insist that the economy is better than ever. Read More

Recession fears mount as Fed says more rate cuts could follow hiring slowdown

This is read by an automated voice. Please report any issues or inconsistencies here. A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said ... Read More

Is the US in recession?

It often seems that economists are perpetually warning us about the next U.S. recession. One influential analyst says an economic slowdown is already a fact of life for many Americans. Twenty-two ... Read More

RBA fights stubborn inflation as US eases up on borrowers

Australia’s shock inflation figures this week have all but killed off hopes of an interest-rate cut next Tuesday while in the United States, homeowners are enjoying falling borrowing costs. 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 ... Read More