US Economy News Today: Federal Reserve Officials Downplay Rate Cut Expectations

Federal Reserve speakers will continue to parse incoming data in public speaking engagements and the Fed's turn toward "higher-for-longer" interest rates put more pressure on the housing market. Read More

The Fed may have no choice but to tip the US into recession, economist says

"The Fed is going to find itself backed into a corner where they need to cause a recession if they're going to hold that 2% inflation target." ... Read More

The economy is sending mixed signals about a recession, and that's made the timing of the next rate cut less meaningful

"The pandemic and the enormous policy responses from both monetary and fiscal authorities created distortions to normal economic behavior," NDR said. Read More

The US economy is nowhere near a recession, Goldman Sachs’ top economist says

We haven’t been close to a recession.” To fight inflation, the Federal Reserve ... if not ever,” Hatzius said, referring to Covid. One risk that is casting a shadow over the economy is ... Read More

The Fed needs to 'kill the zombie' with a high-rate-induced recession before investors should jump in to buy more stocks, strategist says

The Fed needs to kill off the half-dead US economy by leaving rates higher for longer to induce a recession ... stocks have notched a series of all-time highs this year, not all parts of ... Read More

Here’s why the Fed doesn’t see a US recession in coming years

America’s central bank doesn’t see any signs of a recession ... economy continues to display remarkable resilience. Economists say that strength could persist through the coming years. Fed ... Read More

Forbes Daily: Has The Economy Reached The Fed’s ‘Goldilocks’ Goal?

It’s 2024, and the economy remains in limbo. Still, some clarity is coming ... since May 2021. That’s well above the Fed’s target inflation rate of 2%, but price increases have weaned ... Read More

Why is my 401(k) rising? More Fed rate cuts on the way? We answer your economy questions

And that means the market's rally since autumn could have legs ... the data closely in the coming months. But Fed officials last week also predicted the economy will grow 2.1% this year, down ... Read More

Stocks and your 401(k) may have 'room to run.' And it's not all about Fed rate cuts.

And that means the market's rally since autumn could have legs ... the data closely in the coming months. But Fed officials last week also predicted the economy will grow 2.1% this year, down ... Read More

Powell: ‘No reason’ to think economy is close to recession

Federal Reserve ... U.S. economy has largely defied expectations over the past year and a half, avoiding the recession that many economists were anticipating at the end of 2022. In what many have ... Read More