Fed Chair Powell says the US economy is in 'solid shape' with gradual rate cuts coming

In prepared remarks, Powell said the U.S. economy and hiring are largely healthy and emphasized that the Fed is “recalibrating” its key interest rate, as opposed to cutting rapidly as it would in an ... Read More

Fed’s Jerome Powell hints at more rate cuts as inflation slows but warns of ‘two-sided’ risks

The US economy seems poised for a continued ... rate and “over time” reach a level that is no longer holding back activity, Fed Chair Jerome Powell said Monday in remarks that showed no ... Read More

The Fed's Economic 'Soft Landing' Just Got Bumpier

He's written hundreds of stories breaking down complex ... meeting," Ryan Sweet, Chief US Economist at Oxford Economics, wrote in a commentary. "The Fed needs to continue to normalize interest rates ... Read More

The case for a US economic 'no-landing' is stronger than ever

Robust economic data may mean the Fed has less urgency to cut interest rates, hurting the prospects for lower borrowing costs for consumers. Read More

Apollo’s Slok Sees Rising Chance Fed Will Hold Rates in November

The chances that Federal Reserve officials will leave interest rates unchanged in November are mounting as the US economy powers ahead, according to Torsten Slok, chief economist at Apollo Management. Read More

Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy Grows, Powell Says

"If the economy evolves ... with the rate around the longer-run estimated "neutral" level of 2.9%. Powell's reference to "two-sided" risks points to the open debate Fed officials will have as ... Read More

US Fed Chair Sees 'Further Disinflation' In Economy

The United States is set to see inflation cool further towards policymakers' target, Federal Reserve chair Jerome Powell ... s presidential election -- even as the Fed works independently of the ... Read More

Fed’s Logan says ‘strong and stable’ U.S. economy faces ‘meaningful uncertainties’

The chief of the Dallas Federal Reserve said the economy is “strong and stable,” but the central bank needs to be watchful for a rebound in inflation as it gradually lowers U.S. interest rates. Read More

Longshoremen’s strike poses a fresh threat to the US economy

and so threatening to reduce US economic activity by $4.5 billion to $7.5 billion a week if the closures are prolonged. And the International Longshoremen’s Association’s central demand is a ... Read More

US economy added 254K jobs in September, well above expectations

FED'S POWELL: POLICYMAKERS NOTED ‘ARTIFICIALLY ... "This solid report increases the odds that the economy will continue to grow above trend in the next quarter," said LPL Financial chief ... Read More

Fed Chair Powell says the US economy is in 'solid shape' with gradual rate cuts coming

The unemployment rate, meanwhile, ticked down last month to 4.2%, from 4.3%, but is still nearly a full percentage point higher than the half-century low of 3.4% it reached last year. Hiring has ... Read More