New York Fed chief says it's time to lower rates with inflation cooling and the labor market slowing
Following the August jobs report, John Williams said the economy is "now in equipoise," with easing inflation and historically low unemployment.
Federal Reserve
A big rate cut this month would create a 'self-fulfilling prophecy' of recession fears, economist says
If the Federal Reserve cuts interest rates by 50 basis points, it could spark unwarranted recession fears, economist George Lagarias says.
Why Fed rate cuts could mean corporate earnings will disappoint
Steep rate cuts would point to a weaker economy, with higher unemployment and less pricing power for companies, Trivariate Research said.
Why Jerome Powell may regret his 'rifle shot' Jackson Hole speech, according to economist Adam Posen
Fed Chair Jerome Powell's Jackson Hole speech was too focused on the labor market, and didn't illuminate enough of the economic picture, Adam Posen said.
How do you feel about the economy? It depends on whether you own stocks
People who own stocks feel much better about economy than non-owners.
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People are still flocking to Florida. It could help them ride out a slowdown in the economy.
Florida's strong population growth is boosting the state's economy and could help residents weather an economic slowdown, Wells Fargo says.
The Fed will go bigger with rate cuts than markets think, Citi economist says
The Fed could cut 125 basis points by the end of the year if the labor market continues to cool, Citi economist Robert Sockin said.
Stock market today: US stocks trade mixed as investors weigh economic data and Nvidia's post-earnings dip
Indexes were mixed after a positive GDP revision and Nvidia's 6% drop after earnings. Traders will assess the latest PCE inflation reading on Friday.
Stock market today: Indexes rise as economic data outweighs Nvidia's post-earnings slide
Indexes rose Thursday as investors react to Nvidia's earnings, which showed its narrowest earnings beat in the past several quarters.
The US could enter a recession if the Fed doesn't cut rates, strategists say
The US unemployment rate rose to 4.3% in July from 4.1% in June, according to the Bureau of Labor Statistics.
Upcoming Federal Reserve Meetings Schedule and What to Expect at the Next One
Learn when the next Federal Reserve meeting takes place and what outcomes to anticipate for the economy, and whether savings rates will drop soon.
The AI boom is turning traditional economics on its head as tech giants boost spending despite high interest rates
The effect of tighter monetary policy from the Fed has been "much weaker than usual," Apollo economist Torsten Sløk said.
The Fed has been 'shaken' from its path by a softening labor market and will deliver steeper rate cuts as a result, JPMorgan says
The Fed is shifting its gradualist stance amid uncertain labor market data, which will prompt steeper rate cuts, JPMorgan analysts say.
The Fed has opened the door for 'a brand new bull market' in stocks, Wall Street strategist Jim Paulsen says
"I think it's hard for a recession to find something to bite on, a vulnerability to bring us down," Wall Street veteran Jim Paulsen said.
Powell's rate-cut signal hits the US dollar — but strong stock markets could limit the blow, says Goldman Sachs
Strong US stock market performance could limit the dollar's downside — even if the Fed is easing, according to Goldman Sachs analysts.
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Don't get your hopes up about the housing market
The Federal Reserve appears poised to cut interest rates in September. But the move might not help many Americans afford housing in the short term.
Rate cuts won't prevent a recession and the economy is deteriorating 'quite rapidly,' investment strategist says
A recession is coming even with rate cuts indicators show a deteriorating economic outlook, according to BCA Research.
Americans just got the biggest confirmation yet of an interest-rate cut next month — but the job market hangs in the balance
"The time has come for policy to adjust," Fed Chair Jerome Powell said at Jackson Hole, Wyoming, all but confirming an interest-rate cut in September.
Powell's not the only central banker in the spotlight. Away from Jackson Hole, one chief had to endure 5 hours of intense questioning.
Fed chair Powell's is giving speech at Jackson Hole that may signal rate cuts. BOJ governor Ueda is getting grilled after the recent market rout.
Stock market today: Stocks end lower as markets brace for Powell's Jackson Hole speech
Indexes fell Thursday as investors wait for comments on rate cuts and the economy from Jerome Powell at the Jackson Hole conference on Friday.