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

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

U.S. Federal Reserve Chair Jerome Powell has announced that the Fed will soon end its quantitative-tightening program. But that isn’t the bullish signal most investors believe it is. Read More

Fed's Powell addresses economy pulled between risks to growth, jobs and prices

Federal Reserve Chair Jerome Powell will deliver his last scheduled remarks before the Fed's next meeting with the economy enjoying stronger-than-expected growth and a recent jump in productivity. Read More

Economy Seems to Be Holding Steady, Powell Says

Federal Reserve Chair Jerome Powell said the economy still appears to be in stable shape, despite the lack of updated data due to the ongoing government shutdown. “Based on the data that we do have, i ... Read More

No one can seem to kill America’s economy, despite everyone’s best efforts

Another reason for ... to suggest that,” Powell said. “Nonetheless, it’s spending. So I think the economy is moving along.” Regardless of the reasons, the fact that consumers are still willing to ... Read More

Recession seems far off - that's the good news. Yet the economy is also far from trouble-free.

Customers shop at the Apple Store on Fifth Avenue in New York to buy the latest versions of the company's popular phones and other items. Enough trouble spots emerged in the U.S. economy to coax the ... Read More

The Fed’s Own Economists Disagree Where the Economy Is Heading

Want more stock market and economic analysis from Phil Rosen directly in your inbox? Subscribe to Opening Bell Daily’s newsletter. The Federal Reserve is moving forward with a range of opinions. On ... Read More

Moody’s economist: US avoids recession if well-to-do ‘keep spending’

Moody’s Analytics chief economist Mark Zandi said Tuesday the U.S. economy will likely avoid a recession if the wealthiest individuals continue to spend at the current rate. In a post on the social ... Read More

Mnuchin, Powell press again for deal to get economy through the COVID winter

The heads of the U.S. Treasury Department and Federal Reserve on Wednesday renewed calls for legislators to reach agreement on additional funds to help small businesses get through the next few months ... Read More