Economy News The Fed Says The Economy Looks Strong Americans Are Drowning In Credit Card Debt

Fed’s Lisa Cook says economy is strong and supports rate cuts

Lisa Cook, a member of the Federal Reserve Board of Governors, reportedly delivered her first policy speech since US President Donald Trump attempted to dismiss her from her position. In the speech, ... Read More

The Nation’s Biggest Banks Are Saying the Economy Is Still Strong

The nation’s biggest bankers proclaimed this week that the economy is sturdy, the U.S. consumer is healthy, and they haven’t seen much change in recent months. Yet they still sounded uneasy about what ... Read More

Fed Chair Powell says hiring slowdown poses economic risks, hinting at more interest rate cuts

Jerome Powell said the labor market's outlook hasn't changed much since the central bank's September meeting, when it penciled in two more rate cuts this year. Read More

Powell says Fed has good handle on economy despite shutdown, labor market weakness remains a key risk

Federal Reserve chair Jerome Powell said the central bank has a good read on the economy despite the government shutdown, with labor market weakness remaining the key risk to the economy. Although ... Read More

Economy Seems to Be Holding Steady, Powell Says

Federal Reserve Chair Jerome Powell spoke at the National Association of Business Economics meeting Tuesday. (Hannah Beier/Bloomberg News) Federal Reserve Chair Jerome Powell said the economy still ... Read More