Economy News Powell ‘no Reason’ To Think Economy Is Close To Recession

Jerome Powell’s era of consensus at the Fed is over

Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending the long stretch of consensus that has defined Chair Jerome Powell’s leadership of the central ... Read More

Jerome Powell may have just given stock investors a new reason to be worried

The economy and the stock market may eventually respond favorably to the change of policy, but if history is any guide, things will get worse before they get better. U.S. Federal Reserve Chair Jerome ... Read More

Former BLS chief warns Powell is ‘flying blind’ at a pivotal time for the Fed

The Federal Reserve faces an unprecedented challenge as it prepares to set interest rates next week—making its decision with almost no economic data available. The government shutdown has halted the ... Read More

Trump Aides Raise Recession Fears, and Point Fingers at the Fed

Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts. Read More

Will tariffs slow the U.S. economy in 2026?

The U.S. economy has largely weathered historically high tariffs so far this year, but a new study says tariffs will hit Americans in 2026. The Paris-based Organization for Economic Cooperation and ... Read More

Trump’s flailing on the economy is worse than Biden’s

President Donald Trump’s recent commentary on the economy is drawing plenty of comparisons to then-President Joe Biden, but he seems to have a bigger political problem, for several reasons. Read More