Economy News Us Economy News Today What Will The Fed Chair Say About The Economy This Week

Wanted: Fed Chief. Must Run World’s Largest Economy, Manage Up

A look at the five favorites to lead the US Federal Reserve, and what each pick would mean for the world’s biggest economy. Read More

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

Hassett at the Fed helm could pressure the dollar, investors say

Beneath the U.S. bond markets' composure around the prospect of White House economic adviser Kevin Hassett becoming the next Federal Reserve chair lies a niggling worry that his bias for interest rate ... Read More

Traders Push US 10-Year Yield to 4% as Hassett Tops Fed Field

Traders boosted bets on lower interest rates over the next year, reflecting the consensus view that Hassett would carry out the aggressive reductions in borrowing costs that President Donald Trump has ... Read More

US economic activity little changed ahead of next Fed meeting, report shows

U.S. economic activity was little changed in recent weeks, though employment was weaker in about half of the Federal Reserve's 12 districts and consumer spending declined, the U.S. central bank said ... Read More

US economy saw stronger-than-expected job growth in September, but the unemployment rate rose

The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... Read More

Hassett Emerges as Frontrunner in Trump Fed Chair Audition

White House National Economic Council Director Kevin Hassett is seen by advisers and allies of President Donald Trump as the frontrunner to be the next Federal Reserve chair, according to people ... Read More

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. Read More

US Federal Reserve pumps cash into Wall Street as banking system shows signs of stress

Analysts say recent Wall Street activity shows pockets of global money markets are coming under strain. It has got some people worried the world could be heading towards another global credit crunch. 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