Economy News Powell Says U S Economy Is In ‘solid Shape’ — And The Fed Intends To Keep It That Way

Powell’s Tight Fed Stance Tests Markets

Amid steady interest rates and sticky inflation, a panel on The Big Money Show weighed whether Federal Reserve Chair Jerome Powell’s “restrictive” stance risks damaging financial markets. The ... Read More

Fed Chair Jerome Powell Warned Investors About the Stock Market -- President Trump's Tariffs Make the Warning More Dire

The stock market faces significant challenges in the near term, including high valuations, a weakening economy, and dismal consumer sentiment. Read More

The government shutdown could cost the U.S. economy up to $14 billion, new report says

The National Gallery of Art in Washington is closed during the U.S. government shutdown. (Brendan Smialowski/AFP via Getty Images) The U.S. economy could lose between $7 billion and $14 billion as a ... Read More

Powell said the Fed will know if something big happens to the U.S. economy

Jerome Powell said the government shutdown would not prevent the Federal Reserve from recognizing if the U.S. economy suddenly faced great difficulty or showed a big rebound. "I think if something ... Read More

The last Fed meeting of the year is approaching. Here's where we could be headed

NPR's A Martinez speaks with the president of the Federal Reserve Bank of Chicago about the economic outlook ahead of the last Fed meeting of the year. Read More

Jerome Powell says the AI hiring apocalypse is real: ‘Job creation is pretty close to zero’

Federal Reserve Chair Jerome Powell drew a stark picture of a labor market that looks fine on the surface—4.3% unemployment, solid consumer spending—but is quietly losing momentum underneath. Once you ... Read More

Is the Economy Getting Better or Worse? The Fed Says It's Hard to Tell

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Ryan Knutson: Yesterday, the Federal Reserve announced that it was cutting ... Read More

Fed Chair Powell Says December Interest Rate Cut Is ‘Far From’ Guaranteed

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ... Read More

Powell sees U.S. economy growing at 1.6% rate this year

Fed Chair Jerome Powell said the U.S. economy is growing at a slower pace this year. Powell said the Fed staff sees economy growing at a 1.6% annual rate, down from a 2.4% rate in 2024. "We've still ... 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

Takeaways: Fed Chair Powell says don’t count on a December rate cut

The Federal Reserve on Wednesday lowered interest rates for the second time this year in a continued bid to prevent unemployment from surging. But another rate cut at the next meeting in December “is ... Read More

Does the U.S. have a 'K-shaped economy'? What it means for you.

Upper-income Americans are doing better, while low- and moderate-income households are falling behind. Why does that matter? Read More