Martin’s Recent Stories
Economy Aug 23
Fed Chair Powell gives no clear hint on interest ratesSpeaking to a gathering of central bankers in Jackson Hole, Wyoming, Powell reiterated that the Fed "will act as appropriate" to sustain the expansion.
Economy Aug 21
Notes from Fed’s July meeting show officials widely divided on rate cutSome argued for a bigger rate cut, while others insisted the Fed should not cut rates at all.
Economy Aug 19
Trump calls on Federal Reserve to cut interest ratesTrump is calling on the Federal Reserve to cut interest rates by at least a full percentage point "over a fairly short period of time."…
Economy Jul 31
WATCH: Federal Reserve cuts key rate for first time in a decadeThe central bank cut its benchmark rate — which affects many loans for households and businesses — by a quarter-point to a range of 2 percent to 2.25 percent.
Economy Jul 31
3 things to watch at the Federal Reserve as it’s poised to cut interest ratesThe Fed under Chairman Jerome Powell has signaled a belief that uncertainties and threats unleashed by President Donald Trump's trade war and by a global slowdown justify a Fed rate cut.
Politics Jul 29
U.S. Treasury projects it will borrow $433 billion this quarterMarket borrowing for this budget year is projected to total $1.27 trillion, a 6.5% increase from the 2018 budget year.
Economy Jul 26
U.S. economy’s growth slows to 2.1 percent in 2nd quarterThe nation's gross domestic product grew at a 2.1% annual rate last quarter, down from a 3.1% gain in the first quarter, the Commerce Department estimates.
Economy Jul 11
U.S. budget deficit jumps 23 percent this fiscal yearThe surge in deficits reflects a variety of factors including a $1.5 trillion tax cut President Donald Trump pushed through Congress in late 2017 and billions of dollars in extra spending Congress approved in early 2018.
Economy Jul 11
WATCH: 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 10
WATCH: Fed chair Jerome Powell says rate cut likely coming soonThe 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.
