Sep 19 Why the Fed might not have many tools to fight the next recession By Michael W. Klein If a recession hits, the Fed might need to lower rates below zero, which could cause other problems in the financial system. Continue reading
Sep 18 Watch 7:31 What Fed's 2nd interest rate cut in 3 months says about the U.S. economy 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… Continue watching
Sep 18 How the Federal Reserve rate cut could affect your finances By Gretchen Frazee 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. Continue reading
Sep 18 WATCH: Federal Reserve cuts key interest rate again The Fed's move will reduce its benchmark rate by an additional quarter-point to a range of 1.75% to 2%. Continue reading
Sep 17 How low can we go? The prospects for negative interest rates By Kenneth Kuttner, Econofact 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. Continue reading
Sep 06 Why the Federal Reserve must remain above political influence By Michael W. Klein President Donald Trump on Friday again encouraged the Federal Reserve to cut interest rates. Continue reading
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