Economy News Fed Economy Growing, Labor Market In Balance

The economy is growing without adding many jobs, creating challenge for the Fed

Keeping the economy on track is becoming an increasingly tenuous task for the Federal Reserve with reduced hiring and AI-centric growth. Read More

Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?

The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest solid economic growth ... Read More

US economy saw stronger-than-expected job growth in September, but the unemployment rate rose

The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... Read More

Fed Saw ‘Risks’ to the Labor Market in September, Prompting Rate Cuts

Federal Reserve officials agreed that a weakening labor market and upside risks to inflation warranted a shift to lower interest rates, minutes of the mid-September meeting of the central bank ... Read More

Fed’s Daly Backs December Rate Cut, Citing Vulnerable Labor Market

The views of the San Francisco Fed president are significant because she has rarely deviated publicly from the position of Chair Jerome Powell. Read More

U.S. economy continues treading water, Fed's Beige Book report

Most of the Federal Reserve's 12 districts said U.S. economic activity was "little changed" in recent weeks, according to the Federal Reserve's Beige Book report released on Wednesday, which provides ... Read More

Softer jobs and cooler inflation set the stage for a December Fed cut

The Federal Reserve is heading into December with a weaker labor market and cooler inflation, a combination that has rapidly shifted expectations toward another rate cut. Investors, businesses, and ... Read More

Fed's Barkin flags growing tension between inflation fight, cooling job market

Federal Reserve Bank of Richmond President Tom Barkin said Tuesday that the U.S. central bank is feeling pressure on both sides of its dual mandate, with inflation still running above target and job ... Read More

Fed's Powell points to persistent labor market weakness as government shutdown delays official reports

Federal Reserve Chair Jerome Powell on Tuesday said that the economy continues to see a softening of the labor market despite the government shutdown delaying the release of official jobs and ... Read More

Fed Split Widens as December Rate Cut Hangs in the Balance

Released on November 19, the minutes of the Federal Reserves October 2829 FOMC meeting show growing disagreements among policymakers regarding the course of interest rates. Though many members now ... Read More

We’re Seeing What a No-Immigration Economy Looks Like

If we have sustainable employment growth combined with a low unemployment rate, it tells us that the labor market is healthy: When the number of new jobs created is roughly in sync with the number of ... Read More