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Chicago Fed president wants to see a 'few months of data' on inflation to gauge economy's health
"The hardest thing that the Fed ever has to do is get the timing right at moments of transition,” Goolsbee said on NBC News’ “Here’s the Scoop” podcast. Read More
Fed's Daly: Fed will likely need to lower rates in coming months ... - MSN
May's job gains were revised down to 19,000 from 144,000, while June's additions were cut to just 14,000 from the 147,000 initially reported. Read More
The state of Trump’s economy is about to come into full view this ...
The state of President Donald Trump’s economy is about to come into full view. A slew of crucial economic data is set for release this week, including the jobs report, inflation, consumer ... Read More
Where Is the Economy Going? A ‘Monster Week’ of News Could Help ...
“For the Fed to cut, I just think they need to see a couple of job reports that aren’t overly encouraging,” said Ryan Sweet, chief U.S. economist at Oxford Economics, a forecasting firm. Read More
Moody's economist warns US economy on brink of recession amid weak jobs ...
Moody's chief economist Mark Zandi warned that the U.S. economy is on the precipice of recession as weak jobs data and rising inflation complicate the Federal Reserve's policy moves. Read More
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