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

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy ... Read More

Powell: Fed has ‘no risk-free path’ as unemployment, inflation rise

Federal Reserve Chair Jerome Powell warned Tuesday that the U.S. economy faces serious threats regardless of the approach the central bank takes to bringing down interest rates. In a Tuesday ... Read More

Fed's Powell says economy may be on firmer footing, but job market weak

The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair Jerome ... Read More

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

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. Read More

With inflation and jobs in ‘tension,’ Powell warns of the Fed’s tightrope on interest rates

The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. Read More

Fed's Powell suggests tightening program could end soon, opens door to rate cuts

Fed Chair Jerome Powell on Tuesday said the central bank is nearing a point where it will stop reducing the size of its bond holdings. Read More

Fed's Powell says economy on firmer footing, QT end in view

The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy overall "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair ... Read More

US economy grows at fastest pace in nearly two years as spending roars back

Fresh government data showed the US economy grew at a much stronger pace than initially estimated – news that dented hopes the Federal Reserve’s will cut rates aggressively in the months ahead. Gross ... Read More