Us Breaking News Us Economy No Longer Overheated, Fed S Powell Tells Congress
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Here’s what the latest inflation and spending data reveals about the US economy
Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More
An unusual trend in the economy is worrying the Fed
Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. Read More
US Fed will likely cut again despite economic murkiness from shutdown
The Federal Reserve is expected to announce its second rate cut of the year on Wednesday, despite a lack of clarity over the health of the US economy due to the ongoing government shutdown. The US ... Read More
Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says
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. Read More
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