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The unemployment rate and the jobs that are being added are not the best indicator of where the US economy and the jobs market actually stands. Paul Sakuma/AP Images The jobs report sh.....»»

Federal Reserve Chair Jerome Powell said the central bank would "act as appropriate" to keep the U.S. economy healthy in a deteriorating global economy, but stopped short of committing to rapid-fire rate cuts and drew fire from President Donald Trump......»»

The Federal Reserve will "act as appropriate" to keep the U.S. economy healthy, Fed Chair Jerome Powell said on Friday, remarks that did not say how fast it might cut interest rates, drawing fire from President Donald Trump......»»

Gold futures finishes Friday in positive territory, following the first estimate of second-quarter U.S. gross domestic product, which indicated the economy was healthy but slowing and might still warrant an interest-rate cut by the Federal Reserve......»»

Consumer spending rose at a healthy clip in May for the third month in a row, suggesting the U.S. economy is still on solid ground even as growth has waned. Consumer spending increased 0.4% last month while the yearly rate of inflation slowed to 1.5%......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The European Central Bank pushed back the timing of its first post-crisis interest rate hike again on Thursday and said it would continue paying banks for lending in its latest effort to revive a slowing euro zone economy. David Pollard reports......»»

Via SchiffGold.com, In December, Peter Schiff predicted that the Federal Reserve was about to hike rates for the last time and that the next step would be rate cuts. Yesterday, Jerome Powell made comments widely interpreted to signal the risi.....»»

With growth slowing and inflation soft, Federal Reserve officials now expect to raise its benchmark interest rates once over the next three years, according to a forecast and policy statement released Wednesday......»»

The Federal Reserve held its key interest rate steady and erased plans to hike rates this year as it downgraded its outlook for the global economy......»»

The Federal Reserve took a sharply less aggressive policy posture on Wednesday, signaling it will not hike interest rates this year amid a slowing economy and announcing a plan to end its balance sheet reduction program by September......»»

Federal Reserve Chairman Jerome Powell says that the healthy U.S. economy and low inflation are allowing the central bank to take a patient, wait-and-see approach on interest rates......»»

The European Central Bank changed tack on its tightening plan on Thursday, pushing out the timing of its first post-crisis rate hike until 2020 at the earliest and offering banks a new round of cheap loans to help revive the euro zone economy......»»

$DIA, $SPY, $QQQ, $RUTX, $VXX FLASH: Next Fed rate hike several FMOC meetings ahead With inflation muted, but other risks to the US economy on the rise, the Fed’s patience on policy is nowhere.....»»

As the economy enters into a full-fledged recovery, it is expect for the central bank to embark on a shallow rate hike cycle beginning October-December of 2018.....»»

Minutes of the Fed’s May meeting show central bankers supported a June rate hike and were not worried about an overheated economy......»»

The Federal Reserve said the U.S. grew “moderately” from late April to early May in its latest evaluation of the economy, indicating the central bank remains firmly on track to raise interest rates next month......»»

Fed Rate Hike Odds Dampen Despite Steady Economy; US Facing Reciprocal Moves From Canada/Mexico Over Tariffs (Wall Street Breakfast Podcast).....»»

(Reuters) - U.S. stocks were little changed on Wednesday, ahead of a widely expected interest rate hike by the Federal Reserve, with focus on its guidance on the economy and monetary policy......»»

The Federal Reserve lifted its benchmark rate for the second hike this year. Watch Fed Chairman Jerome Powell explain why......»»