Economy News Fed Report Says Economy Grew Slightly In Recent Period

White House says key economic reports may not be released

After Leavitt’s briefing, the White House clarified that September’s jobs report, for which data was collected before the government shut down, would be released once the stoppage ended. However, ... Read More

Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?

The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest solid economic growth ... Read More

The Fed Is Turning to These Data Sets During the Shutdown. Here’s What They Reveal About the Economy

With the government shutdown halting key reports, the Fed is turning to private data and creative clues to keep tabs on the U.S. economy. Read More

Fed to cut rates again in December on weakening job market, say most economists: Reuters poll

The U.S. Federal Reserve will again lower its key interest rate by 25 basis points next month to underpin a weakening labor market, according to 80% of economists polled by Reuters, up slightly from a ... Read More

What today's inflation report says about the economy — and Social Security checks

Because of the shutdown, the federal government is belatedly releasing new Consumer Price Index numbers, which the Social Security Administration needs to adjust for next year's benefits. Well, much ... Read More

Fed's Powell Says Economy May Be on Firmer Footing, but Job Market Weak

PHILADELPHIA (Reuters) -The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy "may be on a somewhat firmer trajectory than expected," ... Read More

Recession fears mount as Fed says more rate cuts could follow hiring slowdown

This is read by an automated voice. Please report any issues or inconsistencies here. A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said ... Read More

October Fed Meeting: Live Updates and Commentary

The October Fed meeting kicks off today, October 28, and concludes tomorrow, October 29, with the central bank's latest policy decision. Following a recent string of lower-than-expected jobs data, the ... Read More

The shutdown is complicating the Fed’s ability to help the economy

The Federal Reserve was already facing one of its most difficult battles, steering a shifting economy through a weakening labor market and stubborn inflation. The government shutdown just made that ... Read More

Fed's Powell says economy may be on firmer footing, but job market weak

Powell says Fed taking meeting-by-meeting approach to interest rate cuts Fed chief says elevated inflation partly due to impact of tariffs Hiring and layoffs remained low through September, he says ... Read More