Us Breaking News Us Economy No Longer Overheated, Fed S Powell Tells Congress

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

WASHINGTON (AP) — 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 ... Read More

Powell Signals Fed May Not Cut Again This Year. Here’s Why.

Powell acknowledged “strongly different views” within the Federal Open Market Committee during October’s policy decision. Read More

Fed lowers interest rates as it struggles to assess state of US economy without key government data

Even in the best of times, the Fed has a tough time interpreting the data and deciding how best to guide the US economy. Read More

Trump got what he wanted from the Fed chair. But the economy is still wobbly.

Trump lambasted Powell this week, calling him “Jerome ‘Too Late’ Powell” in a speech to Asian business leaders . Read More

Fed still poised to cut rates, but worries mount over US data vacuum

WASHINGTON, Oct 20 (Reuters) - The Federal Reserve will go into a policy meeting next week with its view of the economy obscured by a U.S. government shutdown that has suspended the release of key ... Read More

Fed Chairman Jerome Powell Just Hinted at a Change That Seems Positive for the Stock Market. But Should Investors Actually Be Worried?

The Fed's potential ending of quantitative tightening policies seems to be good news for investors. However, there's a more complicated picture. These 10 stocks could mint the next wave of ... Read More