Economy News Investors Still Face Fog Of Uncertainty On Economy, Fed

Shutdown's data delays linger as government reopens, risking inflation and jobs reports

The end of the government shutdown is sending its economic statistic agencies back to work to resume collecting and reporting valuable data. Read More

End of US government shutdown won't lift economic fog

The end of the longest-ever U.S. government shutdown is in sight, which means official economic data will soon be forthcoming. But even if investors and the Federal Reserve are breathing a sigh of ... Read More

Fed official forecasts huge economic shift coming soon

A growing number of Fed officials have been warning that inflation remains “too high” and could derail progress toward the central bank’s 2% goal. And the government shutdown means the Fed will be ... Read More

Powell Likens Lack of Economic Data to Driving in Fog

Pressed by reporters about the current lack of economic releases due to the continuing government shutdown, Powell says it could create a situation where it “could make sense to be more cautious about ... Read More

Powell warns shutdown is clouding Fed’s view of the economy: 'Driving in the fog'

Federal Reserve Chairman Jerome Powell said Wednesday it remains unclear whether the ongoing government shutdown and the resulting lack of key economic data will affect the central bank’s December ... Read More

The Fed's message to investors needs to be much clearer when the data is so cloudy

U.S. central bank should do more to help Americans navigate this unfamiliar and unpredictable economy The Federal Reserve and its chair, Jerome Powell, need to guide investors through current economic ... Read More

Fed divisions threaten Powell's era of consensus

Disagreement and dissent among the Federal Reserve's 19-strong monetary policymaking committee is deepening as the fog of economic uncertainty thickens, putting Chair Jerome Powell's ... 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

The government shutdown is forcing investors to trade on faith. What they need are facts.

The first Friday of October came and went without new jobs data from the Bureau of Labor Statistics. Investors accustomed to dissecting every payroll figure were left flying blind, forced to rely on ... Read More

Fed Cuts Rates; Uncertainty Ahead

As expected, the Federal Reserve proceeded with another interest rate cut of 0.25 percentage points at today’s meeting. This continues the round of cuts begun at the FOMC meeting in September, which ... Read More

Is the Fed’s inflation target still 2%?

The Federal Reserve’s policymakers ought to ask why, with inflation stuck at 3%, investors have so confidently priced in at least two further interest-rate cuts starting today. The case for these cuts ... Read More