Economy News Fed’s Barkin Says Economy Looks ‘pretty Good,’ But Labor Market Bears Watching

Fed's Barkin looks forward to more economic clarity as data flow resumes

Richmond Federal Reserve President Thomas Barkin said on Tuesday he hopes coming data and ongoing community interviews will help clarify where the economy is heading, with U.S. central bank ... Read More

Richmond Fed’s Barkin Sees Cause for Caution on Labor Market

Federal Reserve Bank of Richmond President Tom Barkin offered an optimistic inflation outlook, while suggesting the labor market may be weaker than available data signal. Read More

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. Read More

Economy growing at ‘moderate pace,’ Fed says, but weaker labor market justifies rate cut

The Fed on Wednesday said the economy "has been expanding at a moderate pace," but it also contended that the risks of rising unemployment and "uncertainty about the economic outlook" necessitated a ... 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

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

Powell Wraps Up Press Conference, Notes ‘Pretty Challenging Situation’ from Conflicting Inflation and Labor Market Risks

U.S. Federal Reserve Chair Jerome Powell after the press conference following the Fed’s interest rate cut Wednesday. (Kevin Lamarque/Reuters) Jerome Powell wraps up his post-meeting press by noting ... Read More

Fed's Kashkari: Economy may not be slowing as much as we think

Kashkari sees more risk of labor market downturn than inflation surge Sees rate cuts as insurance against unlikely dire outcomes The longer government shutdown, the less confident in read on economy: ... Read More