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Economic News Reports

Economy News: Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

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Category: Economic News Reports
A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year.
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Posted: 2025-10-14 09:20:30

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

Wed, 15 Oct 2025 01:07:55 +0000
By Howard Schneider PHILADELPHIA (Reuters) -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 productivity,
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Economy News: Big bank CEOs see an economy that's 'resilient' in the face of uncertainty

Wed, 15 Oct 2025 01:07:55 +0000
The CEOs of JPMorgan Chase, Citigroup and Wells Fargo all landed independently on the word “resilient” to describe the U.S. economy and its consumers.
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Economy News: FirstFT: Scott Bessent accuses China of trying to hurt world’s economy

Tue, 14 Oct 2025 22:07:57 +0000
Also in today’s newsletter, criminal case opened against prominent Kremlin critics and Jay Powell signals support for rate cut
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Economy News: IMF projects stronger-than-expected global economy

Tue, 14 Oct 2025 22:07:57 +0000
The IMF projected the U.S. economy will grow 2% in 2025 and 2.1% in 2026, a drop from 2.8% in 2024, while inflation was revised upward. A shrinking U.S. labor market, partly due to a 1.1 million decline in foreign-born workers since January, indicates a negative supply shock could kick in and lower potential output, according to the outlook.
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Economy News: There's a shocking disparity between how high income and low income earners feel about the economy

Tue, 14 Oct 2025 19:07:57 +0000
Higher-income consumers were more likely to report stronger economic confidence readings when asked to look over the next year given changes that have come since the presidential election, according ...
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‘Premature’ to conclude that Trump’s tariffs haven’t hit the global economy, the IMF says

Tue, 14 Oct 2025 07:28:56 GMT
Higher US tariffs have so far had a smaller impact globally than expected, but it would be “premature and incorrect” to conclude they have had no effect on economic growth, the International Monetary ...

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

Tue, 14 Oct 2025 05:35:11 GMT
Federal Reserve Chair Jerome Powell will deliver his last scheduled remarks before the Fed's next meeting with the economy enjoying stronger-than-expected growth and a recent jump in productivity.

As the government shutdown drags on, company earnings may give a clue about how the economy is faring

Mon, 13 Oct 2025 02:21:00 GMT
The government shutdown means key federal data isn't being published. This week's earnings marathon can show the direction of the economy.

CPI Report Will Shine Light On Economy During Data Blackout

Fri, 10 Oct 2025 13:43:00 GMT
The Bureau of Labor Statistics will reportedly release a key report on inflation for September despite an ongoing government shutdown that is delaying most of the statistics produced in Washington.

Consumer Spending Update: Economic Confidence Continues Slide in October

Fri, 10 Oct 2025 09:16:00 GMT
Economic confidence decreased to 105.9 in this month’s Rasmussen Reports Economic Index, more than three points lower than September.

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