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

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

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," Federal Reserve Chair Jerome ... Read More

Fed's Powell says economy on firmer footing, QT end in view

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," Federal Reserve Chair ... Read More

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

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy. Read More

Fed's Powell addresses economy pulled between risks to growth, jobs and prices

Federal Reserve Chair Jerome Powell on Tuesday delivers his last scheduled remarks before the Fed's next meeting with the economy enjoying stronger-than-expected growth and a recent jump in ... Read More

Fed Cuts Rates As Plunging Job Gains Trigger Alarm For Economy – Powell Answers Questions

The Federal Open Market Committee (FOMC) — Federal Reserve officials who set its borrowing costs – cut the Fed's baseline interest rate to between 4 percent and 4.25 percent Wednesday, Sept. 17. The ... Read More

Government Shutdown Impact on Economy Depends on Length, Breadth of Outage, Fed's Goolsbee Says

CHICAGO (Reuters) -The impact of a government shutdown on the economy depends on how widespread the closure is and how long it lasts, Chicago Federal Reserve President Austan Goolsbee said on Tuesday. Read More

Recession seems far off - that's the good news. Yet the economy is also far from trouble-free.

Customers shop at the Apple Store on Fifth Avenue in New York to buy the latest versions of the company's popular phones and other items. Enough trouble spots emerged in the U.S. economy to coax the ... Read More

Fed's Goolsbee says central bank has other data options if shutdown disrupts economic reports

Chicago Federal Reserve President Austan Goolsbee said Tuesday the central bank will look at alternate data sources to consider at its October meeting if upcoming economic data is not released as ... Read More