Oct 10 Trump says Federal Reserve 'has gone crazy' after big stock drop By Associated Press President Trump, who has been critical of the central bank's interest rate increases, told reporters that he thinks "the Fed is making a mistake." But he's also calling the drop "a correction we've been waiting for for a long time."… Continue reading
Oct 03 Watch 13:03 Fed Chair Jay Powell: U.S. may be in a different era for workers' wages despite economic gains By Judy Woodruff Federal Reserve chairman Jay Powell discusses the state of the economy, bigger changes in the job market and why wages haven’t caught up with other economic trends in a conversation with Judy Woodruff. At the Atlantic Ideas Festival, Powell also… Continue watching
Oct 03 WATCH: Powell says Fed is focused on 'controlling the controllable,' not politics By Joshua Barajas, Gretchen Frazee The Federal Reserve chair's comments came as part of a conversation with PBS NewsHour anchor and managing editor Judy Woodruff during The Atlantic Festival in Washington, D.C. Continue reading
Sep 27 More U.S. corporate giants warn tariffs will mean price hikes By Tom Krisher, Josh Boak, Associated Press A growing number of iconic American companies are warning that President Trump's tariffs on U.S. imports are raising their costs and prices. Continue reading
Sep 26 Analysis: The dangers of the Fed rate hike By Paul Solman The conventional wisdom was that the Federal Reserve would again hike short term interest rates today. That wisdom proved correct, as did the prediction that the Fed would say it is committed to further hikes. The conventional explanation is that… Continue reading
Sep 26 Watch 4:00 News Wrap: Fed raises interest rate, warns against drawn-out trade war In our news wrap Wednesday, the Federal Reserve raised a key short-term interest rate for the third time this year, to 2.25 percent. Fed chairman Jerome Powell also said that "widespread tariffs that remain in place for a long time"… Continue watching
Sep 26 Citing strong economy, Fed raises rates for third time this year By Martin Crutsinger, Associated Press Many economists worry, though, that Trump's combative trade policies could slow the economy. Continue reading
Sep 25 3 things to watch with the Federal Reserve poised to raise interest rates By Martin Crutsinger, Associated Press The Federal Reserve is expected to raise interest rates Wednesday, but economists will also be watching for a signal that another hike is likely before the end of the year. Continue reading
Aug 30 U.S. consumer spending up a solid 0.4 percent in July By Martin Crutsinger, Associated Press U.S. consumer spending rose a solid 0.4 percent in July, the sixth straight month of healthy gains. Continue reading
Jun 20 Central bank chiefs of 4 major nations raise trade concerns By Christopher Rugaber, Associated Press The leaders of the central banks of four major economies expressed alarm Wednesday that multiple trade conflicts are threatening to slow global growth. Continue reading