Martin’s Recent Stories
Economy Jul 11WATCH: Powell says Fed prepared to keep economy in a ‘very good place’
Federal Reserve Chairman Jerome Powell's comments before the Senate Banking Committee strengthened the message he had sent to a House panel on Wednesday that the central bank is prepared to cut interest rates to support economic growth.
Economy Jul 10WATCH: Fed chair Jerome Powell says rate cut likely coming soon
The chairman's remarks led investors to send stock prices up, bond yields down and the value of the U.S. dollar lower on expectations of lower interest rates. The S&P 500 index briefly traded over 3,000 for the first time.
Economy Jul 05Fed repeats pledge to ‘act as appropriate’ to sustain economic expansion
The Federal Reserve on Friday repeated its pledge to "act as appropriate" to sustain the current economic expansion, now the longest in U.S. history, while noting that most Fed officials have lowered their expectations for the future course of interest…
Politics Jul 03Trump says U.S. should start manipulating the dollar
Such a move directly contradicts official U.S. policy.
Economy Jun 19WATCH: Fed leaves its key rate unchanged but hints at future cuts
The Federal Reserve signaled that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats.
Nation Jun 10Trump complains about Fed’s policies and independence
President Trump made clear in an interview with CNBC his frustration with a system that provides political independence for America's central bank — something most economists see as vital to its credibility.
Economy Jun 07U.S. consumer borrowing rose $17.5 billion in April
Consumer credit is a key indicator of the willingness of households to increase borrowing to support consumer spending, which accounts for 70 percent of economic activity.
Economy Jun 04Powell hints Fed will cut rates if needed over trade wars
Powell's remarks helped drive up stock prices, with the Dow Jones Industrial Average ending the day up more than 500 points, or 2 percent.
Economy May 303 reasons why the U.S. economy may have already peaked for the year
The U.S. economy grew at a solid 3.1 percent annual rate in the January-March quarter — a pace that will likely prove to be the high-water mark for the year before growth weakens in the coming months.
Economy May 30U.S. economy grew at solid 3.1 percent rate in first quarter
Much of the gain in the first quarter of 2019 was based on temporary factors that will likely fade, leaving growth much slower in the current quarter.