Apr 15 After Trump tweet, Mnuchin says Fed independence is important globally By Martin Crutsinger, Associated Press Treasury Secretary Steven Mnuchin was asked about President Donald Trump's tweet Sunday that if the Fed had done its job properly, the stock market would be 5,000 to 10,000 points higher and overall growth would have been "well over" 4… Continue reading
Apr 05 Watch 5:30 As Trump takes another shot at the Fed, how is the economy faring? The U.S. economy has created jobs for over 100 consecutive months, and unemployment is near a 50-year low. Still, President Donald Trump is vocal about his belief that the Federal Reserve is holding the economy back from stronger growth. William… Continue watching
Apr 03 Trump is ‘fully behind’ Stephen Moore for Fed position, adviser says By Darlene Superville, Associated Press "I spoke to the president yesterday. He completely supports Steve," Larry Kudlow, director of the National Economic Council, told reporters. Continue reading
Mar 25 Why the inverted yield curve makes investors worry about a recession By Gretchen Frazee The yield curve measures the difference between short-term and long-term interest interest rates on government bonds. Continue reading
Mar 22 Trump nominates economic analyst Stephen Moore to Federal Reserve By Catherine Lucey, Martin Crutsinger, Josh Boak, Associated Press Moore served as an economic adviser to Trump during the 2016 presidential campaign, helping to draft his tax cut plan. Continue reading
Mar 21 Who benefits from the Fed’s decision not to raise interest rates By Stan Choe, Associated Press Borrowers, homeowners and investors could all benefit from the Federal Reserve's decision to keep interest rates steady for the foreseeable future. Continue reading
Mar 20 WATCH: Federal Reserve foresees no interest rate hikes in 2019 The Fed is all but sure to keep its key short-term rate — which can influence mortgages and credit cards — below 2.5 percent. Continue reading
Feb 22 Federal Reserve says it will be ‘patient’ on interest rate hikes By Martin Crutsinger, Associated Press The Fed's semi-annual report to Congress on monetary policy cites a range of risks to the economy that have developed over the last six months, as well as continued muted inflation as reasons to slow further hikes. Continue reading
Feb 12 Fed chairman doesn’t see signs of economic downturn, yet ‘poverty remains a challenge’ By Jeff Amy, Martin Crutsinger, Associated Press In a visit to a historically black university in the Mississippi Delta, Jerome Powell said that many rural areas have not benefited from the national prosperity. He said those areas need special support. Continue reading
Feb 05 Trump enjoys solid economy ahead of State of the Union, but threats remain By Christopher Rugaber, Associated Press Despite strong hiring, concerns about headwinds facing the U.S. economy this year have not dissipated. Continue reading