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
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