Economy News Yellen Says Economy On Soft Landing Path, Fed S Policy Rate Will Fall To Neutral Level

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

Fed's Powell says economy on firmer footing, though low-hiring, low-firing trend continues

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

Fed likely to cut rates again despite 'no risk-free' path for policy, analysts say

Analysts expect the Fed to proceed with another quarter-point rate cut, viewing a cooling labor market as a larger concern than inflation. Read More

ECB Achieved Soft Landing and Resilient Economy, Stournaras Says

The European Central Bank pulled off a “soft landing” by returning inflation to 2% while maintaining economic resilience, Governing Council member Yannis Stournaras said. “This achievement is ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this ... 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