The U.S. economy is strong by one measure. Why the Fed is set to lower borrowing costs anyway.
A giddy Wall Street projects the Federal Reserve will dramatically reduce interest rates over the next year, even though the U.S. economy seems to be growing rapidly. Odd? Not at all, economists say.
Fed Chair Powell says interest rate cut made to maintain strong U.S. economy
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is designed to maintain the strong U.S. economy.
Trump Says Fed's Rate Cut Was 'Political Move'
Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve's decision to cut interest rates by half of a percentage point was "a political move." "It really is a political move.
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.
Trump seizes on Fed rate cut to open new line of attack on economy
Trump attributed the rate reduction to either a "very bad" economy or to the Fed's "playing politics" to help Democrats.
Why a Key Benchmark for Borrowing Costs Has Gone Up Since the Fed Cut Rates
The Federal Reserve cut short-term interest rates by 0.5 percentage point on Wednesday. Since then, a key benchmark for borrowing costs in the U.S. has gone…up, instead of down. In recent trading, the yield on the benchmark 10-year U.
Fed goes with half-point interest rate cut. What that means.
In the end, the Fed decided to go big. The Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving ahead with its first rate cut in four years and cheering markets that expected an emphatic move amid a softening jobs picture.
Fed moves to protect job market with big rate cut
The move, which is larger than a standard rate cut, also indicates that the central bank is growing nervous about the weakening labor market. While layoffs remain low, job opportunities have dwindled,
Harris Vs. Trump On The Economy: Trump Now Holds Just Slim Lead On Issue In Latest Poll
A New York Times and Siena College poll released Thursday found 54% of respondents trusted Trump to lead the economy compared ...
Leading index for U.S. economy falls for sixth straight month, signaling slower growth ahead
The leading indicators for the U.S. economy sank 0.2% in August, the privately run Conference Board said Thursday. That is ...
Yellen on soft-landing prediction: ‘I believe that’s exactly what we’re seeing in the economy’
Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy is making the “soft landing” that she ...
Two Steps Forward, One Step Back For Economy
Jeff Schulze of ClearBridge notes the U.S. market rebounded in August, with jobless claims steady, signaling resilience ...
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Hispanic women fueling US economy, report says
A report from Bank of America found that the Latina contribution to the U.S. economy is significant, and that Hispanic women make up over 30% of labor force growth.
US economy on solid ground as retail sales surprise on the upside
WASHINGTON, Sept 17 (Reuters) - U.S. retail sales unexpectedly rose in August as a decline in receipts at auto dealerships ...
Are Voters Feeling Better About the Economy?
After another tumultuous weekend in the presidential campaign, Americans are still largely focused on their finances, new ...
Forget interest rates or unemployment. 'Unsustainable' U.S. debt could menace our economy
It was the usual parade of shiny objects — explanations for events that change seemingly with the wind or the politics of the ...
IMF supports imminent start of US Fed easing cycle as inflation, economy slow
The International Monetary Fund said on Thursday it was appropriate for the U.S. Federal Reserve to begin a long-awaited ...