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Economy News Us Economy News Today Powell Says Recent Inflation Data Does Not Offer Confidence | RobinsPost News & Noticias

Takeaways: If you’re confused about what’s next for the US economy, so is the Fed


The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering labor market. However, the economy’s path forward looks murky, according to the ... Read More

Wednesday's Rate Cut Wasn't Necessarily The First Of Many, Fed Chair Powell Says


The Federal Reserve may have lowered borrowing costs a tiny bit on Wednesday, but more rate cuts in the months ahead are far from a sure thing based on what Fed Chair Jerome Powell had to say. Read More

Powell’s Last Stand: Balancing a Tricky Economy and Intense Political Pressure


The Fed chair is making a risky gambit, cutting rates even though the economy isn’t flashing red. He’s been here twice before. Read More

Fed Signals More Cuts, But Powell Says Don't Be Too Sure (Live Coverage)


As Powell's news conference ended, the S&P 500 edged into positive territory, up about 0.1%. Markets currently see 89% odds of a further quarter-point rate cut on Oct. 29 and 83% odds that the Dec. 10 ... Read More

Powell Rallies Fed Colleagues as Economic, Political Risks Grow


Federal Reserve Chair Jerome Powell rallied a deeply divided committee of policymakers behind an interest rate-cut, tuning out heavy political pressure to find middle ground among officials variously ... Read More

Fed Chair Jerome Powell faces delicate balancing act in Jackson Hole speech on Friday


Jerome Powell will address the state of the U.S. economy — and perhaps offer hints about interest rates — in a closely watched speech on Friday. Read More

US economy adds fewer jobs than expected in August, confirming slowdown


In August, the US added just 22,000 jobs with the unemployment standing at 4.3%, the highest in nearly four years. It is the first report since President Trump fired the former head of the Bureau of ... Read More


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