Two blocks from the Federal Reserve, a growing encampment of the homeless grips the economy’s most powerful person
Federal Reserve Chair Jerome H. Powell says the recovery is far from over. The bleak reality is made clear outside his window on his drive to work......»»
Wall St soars with more certainty of a rate cut
U.S. stocks staged a powerful rally on Tuesday as a speech from Federal Reserve Chairman Jerome Powell did little to alter a growing belief on Wall Street that the Fed's next move will be a rate cut in response to a slowing economy......»»
Wall St bets with more certainty on a rate cut
U.S. stocks staged a powerful rally on Tuesday as a speech from Federal Reserve Chairman Jerome Powell did little to alter a growing belief on Wall Street that the Fed's next move will be a rate cut in response to a slowing economy......»»
The Tell: BlackRock sees ‘high bar’ for Fed to change its policy stance, even with powerful economic restart
The U.S. economy may be seeing a powerful restart as the pandemic subsides, but the world's largest asset manager sees pitfalls in underestimating just how slow the Federal Reserve can go in tightening monetary policy......»»
: Fed’s Jerome Powell says U.S. economy is ready to ‘start growing much more quickly’
The U.S. economy is ready to take off, U.S. Federal Reserve Chairman Jerome Powell said Sunday......»»
Oil rises over 3% on Fed steps to support economy, hopes of U.S. aid package
Oil rose over 3% on Tuesday after the U.S. Federal Reserve said it would take steps to bolster the economy and on growing hopes the United States will soon reach a deal on a $2 trillion coronavirus economic package......»»
Oil rises on Fed steps to support economy, hopes of U.S. aid package
Oil rose about 2% on Tuesday after the U.S. Federal Reserve said it would take step to bolster the economy and on growing hopes the United States will soon reach a deal on a $2 trillion coronavirus economic package......»»
Stocks plummet as grim economic outlook grips markets
The sell-off began after the Federal Reserve took extraordinary steps Sunday afternoon to bolster the U.S. economy, signaling that it saw an economic crisis unfolding as businesses shut down and borders are closed to contain the coronavirus......»»
The Fed: Fed leaves key interest rate unchanged, and is keeping a close eye on coronavirus
The Federal Reserve on Wednesday holds its benchmark fed-funds interest rate steady, seeing the economy growing at moderate pace......»»
The Fed: Fed holds benchmark interest rate steady, sees economy growing at moderate pace
The Federal Reserve on Wednesday held its benchmark fed funds interest rate steady, seeing the economy growing at moderate pace. The Fed raises interest rate on excess bank reserves keep fed funds rate under control......»»
Trump says Fed raising rates was a mistake: CNBC
The United States' economy would be growing at a pace near 4% if wasn't for the lingering effect of Federal Reserve rate hikes, President Donald Trump told CNBC in an interview on Wednesday......»»
U.S. economy growing modestly, labor market still tight: Fed report
The U.S. economy expanded modestly from October to mid-November and the outlook for growth was generally positive while labor markets remained tight across the country, the Federal Reserve said in a report on Wednesday......»»
Fed"s Powell: Debt is growing faster than economy, and that"s not sustainable
Federal Reserve chair Jerome Powell testified before the Joint Economic committee. Jamie Herra Beutler (R-Ark.) questions......»»
Fed"s Powell sees steady growth, signals pause in rate cuts
Federal Reserve Chairman Jerome Powell expects the U.S. economy to continue growing at a solid pace, though it still faces risks from slower growth overseas and trade tensions......»»
Fed"s Powell sees steady growth, signals pause in rate cuts
Federal Reserve Chairman Jerome Powell expects the U.S. economy to continue growing at a solid pace, though it still faces risks from slower growth overseas and trade tensions......»»
Fed sends S&P 500 to another record close
The S&P 500 closed at a record high after Federal Reserve Chairman Jerome Powell lowered interest rates and expressed confidence the economy can keep growing without another rate cut. Conway G. Gittens has the wrap-up......»»
Three-peat? Fed copies 1990s playbook in bid to avert a downturn
In the midst of what became a golden decade for the U.S. Federal Reserve, central bankers twice in the 1990s cut interest rates in short bursts that managed to help the U.S. economy continue growing despite slowing investment and weak growth overseas......»»
Fed"s Harker says central bank should "hold firm" on rates
Philadelphia Federal Reserve Bank President Patrick Harker said in New York on Friday he thinks the central bank should "hold firm" on interest rates, pointing to a strong labor market as evidence that the economy is still growing as expected......»»
Atlanta Fed model estimate for U.S. third-quarter GDP edges up to 1.9%
The U.S. economy is likely growing at a 1.9% annualized rate in the third quarter, based on the latest data on industrial output and housing starts, the Atlanta Federal Reserve's GDPNow forecast model showed on Wednesday......»»
Powell keeps Wall St. rate cut hopes intact
The Federal Reserve will act "as appropriate" to keep the U.S. economy going amid a growing threat the U.S trade war with China could further slow the economy, Fed Chairman Jerome Powell said on Friday. Conway G. Gittens has the details......»»
U.S. economy growing modestly as trade war dents activity: Fed
The U.S. economy grew at a modest pace in recent weeks, with manufacturing buffeted by a global slowdown while consumer purchases gave mixed signals on the strength of household spending, the Federal Reserve reported on Wednesday......»»