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Fed's James Bullard Says Interest Rate Policy Is 'a Little Tight' Right Now
AMERICA - Published date: .
Speaking at a time when the White House is pushing the Fed to lower rates, Bullard would not commit to that course. Read more
Economist John Taylor Thinks The Fed Is 'in A Better Place' With Interest Rates
AMERICA - Published date: .
Raising interest rates have given the Federal Reserve some breathing room for the next time a downturn hits, economist J... Read more
Vice President Pence Says The Fed Should Cut Interest Rates, Reconsider Its Dual Mandate Policy
AMERICA - Published date: .
Vice President Mike Pence believes the Fed should look to cut its benchmark interest rate. Read more
Jobs Surge In April, Unemployment Rate Falls To The Lowest Since 1969
AMERICA - Published date: .
The U.S. jobs machine kept humming along in April, adding a robust 263,000 new hires while the unemployment rate fell to... Read more
Powell Says Fed Doesn't See Strong Case For Rate Cut Or Hike
AMERICA - Published date: .
Fed Chairman Jerome Powell says the central bank is likely to keep interest rates steady, despite pressure from Presiden... Read more
Fed Holds Rates Steady, Citing Lack Of Inflation Pressure
AMERICA - Published date: .
The Federal Reserve did, however, make a slight cut to the interest rate paid on excess reserves that banks keep at the ... Read more
US Retail Sales Soared 1.6% In March
AMERICA - Published date: .
U.S. retail sales were expected to rise 0.9% in March, after slipping 0.2% a month earlier. Read more
US Trade Deficit Falls In February As Shortfall With China Decreases 28%
AMERICA - Published date: .
The decline was due in large part to a 28.2 percent decrease in its goods deficit with China as exports to the nation su... Read more
Alan Greenspan Says Economy Will Start To Fade 'very Dramatically' Because Of Entitlement Burden
AMERICA - Published date: .
Economic growth won't last as the U.S. labors under the burden of growing entitlement programs, former Fed Chairman Alan... Read more
Cain Reportedly Will Withdraw His Name As Potential Fed Nominee
AMERICA - Published date: .
In recent days, at least four GOP senators said they would not back Cain, seeming to torpedo the nomination before it ev... Read more
Trump Says Economy Would Take Off Like 'a Rocket Ship' If Fed Cut Rates, Ending Tightening Policy
AMERICA - Published date: .
"I think they should drop rates and get rid of quantitative tightening," Trump says of the Fed. Read more
Job Market Bounces Back In March With 196,000 Gain In Payrolls
AMERICA - Published date: .
The numbers came a month after February's jaw-dropping gain of just 20,000, which was revised up to 33,000 in the March ... Read more
Jamie Dimon: US 'absolutely' Right To Enter Trade War, Despite Short-term Economic Toll
AMERICA - Published date: .
J.P. Morgan Chase CEO Jamie Dimon says there are "serious issues" affecting global companies that need to be addressed. Read more
Job Layoffs Surge 35% To Highest Level To Start A Year In A Decade
AMERICA - Published date: .
Total cuts hit 190,410, a 10.3 percent increase from the fourth quarter and 35.6 percent jump from the same period a yea... Read more
Trump To Meet With China's Vice Premier As The US Closes In On A Deal To End The Trade War
AMERICA - Published date: .
The meeting comes as Washington and Beijing appeared to be closing in on a deal that would put an end to their ongoing t... Read more
Payrolls Post Another Disappointing Month In March As Job Market Keeps Slowing
AMERICA - Published date: .
Job growth hit an 18-month low in March amid increasing signs that the hiring boom may be running out of steam. Read more
Trump Reportedly Told Fed's Powell That He's 'stuck' With Him
AMERICA - Published date: .
President Trump is stepping up criticism of Federal Reserve Chairman Jerome Powell despite the Fed halting rate increase... Read more
Things Are Only Getting Tougher For Chair Jerome Powell And His 'all Over The Place' Fed
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The central bank chief now faces a landscape full of mines that could detonate in any direction. Read more
If A Recession Really Is Coming, Here's What Powell And Trump Can Do To Stop It
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With a bond market signal pointing to a recession, policymakers have a choice: act now or hope that conditions change fo... Read more
Economic Growth Slowed In The Fourth Quarter, Leaving GDP Short Of Trump's Goal
AMERICA - Published date: .
In all, 2018 closed with a 2.9 percent increase, short of President Trump's hopes for 3 percent growth. Read more