Fed officials struggle to explain slowing economy, adding to the sense a rate cut is coming
“I don’t see a recession in my forecast at all, but I do see slower growth through the year,” said
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Greg Robb
00:19
Powell just gambled big in Jackson Hole. Will it pay off?
Federal Reserve Chair Jerome Powell on Friday opened the door to an interest-rate cut, surprising many economists...
Greg Robb
09:22
Consumer prices likely rebounded in April as higher tariffs began to bite
Consumer prices likely rebounded in April as the first bite to Americans’ pocketbooks started to hit, economists say...
Greg Robb
03:23
There are early signs consumers are starting to pull back on spending, Fed’s Williams says
There are fresh signs that consumers may be slowing their spending, a top Fed official said, which could mean slower
Greg Robb
22:19
Fed stands pat on interest rates, warns of possible economic woes
The Federal Reserve on Wednesday remained in a holding pattern on interest rates, while warning about more uncertainty in the
Greg Robb
11:19
Recession fears are mounting — Powell’s stances on these 4 issues could dictate America’s economic path in months ahead
The Federal Reserve will hold its benchmark interest rate steady at its meeting this week, economists say, as it remains
Greg Robb
21:20
Closely watched Fed GDP tracker sees contraction in first quarter
This would be the first negative quarter in three years and comes as talk of a possible recession picks up...
Greg Robb
19:20
Pending Home Sales Drop 5.5% to All-Time Low in July
The numbers: Pending home sales hit a fresh record low in July as declining mortgage rates failed to spark increased
