Sep 04 Federal Reserve survey says growth is steady despite Trump’s trade wars 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. Continue reading
Aug 23 Watch 7:22 How trade war and Trump’s rhetoric are further unsettling the economy 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… Continue watching
Aug 23 2020 Democrats try to criticize Trump without cheering on a recession 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. Continue reading
Aug 23 Fed Chair Powell gives no clear hint on interest rates 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. Continue reading
Aug 21 Notes from Fed’s July meeting show officials widely divided on rate cut By Martin Crutsinger, Associated Press Some argued for a bigger rate cut, while others insisted the Fed should not cut rates at all. Continue reading
Aug 19 Trump calls on Federal Reserve to cut interest rates By Martin Crutsinger, Associated Press Trump is calling on the Federal Reserve to cut interest rates by at least a full percentage point "over a fairly short period of time."… Continue reading
Aug 02 U.S. adds 164,000 jobs, unemployment holds steady at 3.7 percent By Josh Boak, Associated Press The pace of hiring has slowed this year, but one reason is that a growing share of Americans already have jobs. Continue reading
Aug 01 Fed chief struggles to manage a wild card: Trump trade wars By Josh Boak, Associated Press After the Federal Reserve cut interest rates Wednesday for the first time in a decade, Chairman Jerome Powell made a striking acknowledgement: In the Trump era, the Fed faces a steep learning curve. Continue reading
Jul 31 Watch 5:32 Why Trump attacked his Fed chair after 1st interest rate cut in years The Federal Reserve cut a key short-term interest rate for the first time in a decade, lowering the federal funds rate a quarter point. It had raised that rate, which reflects what banks charge each other for loans, in December. Continue watching
Jul 31 Column: The Fed is lowering interest rates, but so are market forces By Paul Solman Is the Fed solely responsible for driving down interest rates? There's plenty of reason to think the answer is no. Continue reading