The Federal Reserve has cut interest rates for the second time in three months in a bid to keep the U.S. economy growing. What indicators are driving the recent rate reductions, and what is the larger influence of economists on…
The Fed’s reduction of the federal funds rate is only one of many factors that affect the U.S. economy, but it can still trigger shifts that trickle down into Americans’ finances.
By Gretchen Frazee
The Fed's move will reduce its benchmark rate by an additional quarter-point to a range of 1.75% to 2%.
There is increasing speculation regarding whether the Federal Reserve might set a negative target for the federal funds rate should the economy enter a recession.
By Kenneth Kuttner, Econofact
By Michael W. Klein
President Donald Trump on Friday again encouraged the Federal Reserve to cut interest rates.
By Christopher Rugaber, Associated Press
In the Fed's latest report on economic conditions nationwide, hiring increased modestly in most industries, though manufacturing employment declined in some areas.
The trade war between the U.S. and China escalated Friday, as China announced new tariffs on $75 billion of American goods. President Trump tweeted in response that American companies were “ordered” to find alternatives to China and that he would…
By Julie Pace, Associated Press
In town halls and speeches across the country this week, candidates leveled blame on Trump, arguing that his aggressive and unpredictable tariff policies were prompting gloomy economic forecasts.
By Martin Crutsinger, Associated Press
Speaking to a gathering of central bankers in Jackson Hole, Wyoming, Powell reiterated that the Fed "will act as appropriate" to sustain the expansion.
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