Economy News Cracks Are Now Appearing In The Us Economy What Does The Fed Do

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

What is happening to the economy right now, according to the SF Fed president

Mary Daly, president of the Federal Reserve Bank of San Francisco, on the factors shaping the U.S. economy right now, whether the outlook is positive or negative, and the importance of Fed ... Read More

OPINION: The Fed Must Act Now – Before the Job Market Cracks

America’s labor market is flashing red, and the Federal Reserve is watching the light change instead of hitting the brakes. Job openings have fallen to 7.26 million, the lowest level in 4½ years. Read More

Fed’s Schmid Says Rate Cuts Won’t Fix ‘Cracks in the Labor Market’

A lower federal funds rate usually helps lower the unemployment rate by making it cheaper for businesses to borrow money, although Kansas City Fed ... Read More

Investing legend Mohamed El-Erian says he's kept up at night by 2 big problems with the US economy

Weakness among lower-income Americans could spread and "contaminate" other parts of the US economy, El-Erian warned. Read More

Takeaways: Fed Chair Powell says don’t count on a December rate cut

The Federal Reserve on Wednesday lowered interest rates for the second time this year in a continued bid to prevent unemployment from surging. But another rate cut at the next meeting in December “is ... Read More

The Fed Must Act Now – Before the Job Market Cracks

America’s labor market is flashing red, and the Federal Reserve is watching the light change instead of hitting the brakes. Job openings have fallen to 7.26 million, the lowest level in 4½ years. Read More