Trump Says Powell And The Fed 'Fail Again' — 'No Guts, No Sense, No Vision!'
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell ... Read more
Fed Gets More Divided, As Three Members Vote Against Rate Cut
The Fed has become increasingly divided, with three officials voting against the Fed's quarter-point cut to the fed fund... Read more
Fed Forecasts No Further Rate Cuts In 2019 And 2020, But Members Are Divided
The Federal Reserve cut rates Wednesday by 25 basis points to a range of 1.75% to 2.00%. Read more
Fed Cuts Rate On Bank Reserves Amid Repo Market Turmoil
The interest on excess reserves now stands at 1.8%, a 30 basis point cut compared with the 25 basis point reduction for ... Read more
Fed Approves Quarter-point Rate Cut But Is Divided On Further Action This Year
Investors largely expected the FOMC to cut rates by a quarter point. Read more
Fed Loses Control Of Its Own Interest Rate As It Cut Rates — 'This Just Doesn't Look Good'
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages. Read more
Fed Is Expected To Cut Rates, But Powell May Have A Hard Time Appeasing Critics
Jerome Powell will "underwhelm everyone and not overwhelm anyone," one economist says Read more
Fed Rate Cut Is Coming, But Some Market Insiders Doubt It's Really Necessary
A Federal Reserve rate cut at the end of this week's two-day FOMC meeting is considered a "lock" by the market, but chie... Read more
Homebuilder Sentiment Surges To Highest Level Of The Year, But There Are Warning Signs
A sharp drop in mortgage rates in August was clearly behind the confidence in September, but rates have since reversed. Read more
US Manufacturing Production Rebounds Strongly In August
U.S. manufacturing output increased more than expected in August, boosted by a surge in machinery and primary metals pro... Read more
Recession Fears Among Fund Managers Rise To Highest Level In A Decade
The risk of a global recession is at its highest since August 2009, according to a survey of fund managers. Read more
This Uncertain Economy Is Pushing A Third Of Millennials To Visit The Doctor
The state of the economy plays a role in how millennials think about healthcare. Read more
The Fed Is Likely To Lower Rates Again This Week, But Also Signal It's In No Hurry To Keep Cutting
Traders in the fed funds futures market are pricing in a 34% chance that the Fed will stay put on rates. Read more
US Consumer Sentiment Jumps As Confidence Around The Economy Rises
Sentiment in the U.S. rose more than expected this month as consumers felt more confident about current and future econo... Read more
US Import Prices Fall As Petroleum, Food Costs Decline
U.S. import prices fell in August amid declines in the cost of petroleum products and food. Read more