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Today: January 22, 2025
Today: January 22, 2025
Howard Schneider

Howard Schneider

Staff Writer

Latest From Howard Schneider

Business|Economy|Finance|US

Fed's Cook says rising yields not tied to monetary policy outlook

The recent rise in long-term U.S. bond yields does not seem to have been driven by investor expectations of further interest rate increases, Federal Reserve

Fed's Cook says rising yields not tied to monetary policy outlook
Business|Economy|Finance|US

Fed report shows US loan officers see tighter credit, weaker demand

Banks tightened lending standards for U.S. businesses and households in the third quarter, but the pace of change appeared to ease, and demand for loans fell

Fed report shows US loan officers see tighter credit, weaker demand
Economy|Finance|News|US

Fed's Waller calls Q3 US GDP growth a 'blowout,' but newer data suggest slowdown

Federal Reserve policymakers fresh from last week's decision to hold the policy rate steady are weighing strong economic data, some

Fed's Waller calls Q3 US GDP growth a 'blowout,' but newer data suggest slowdown
Economy|News|US

Inflation in the US is improving, the public mood is still sour

As families in the U.S. prepare to gather for their Thanksgiving dinners next week, food prices have largely flatlined for months, gasoline prices are about

Inflation in the US is improving, the public mood is still sour
Economy|News|Travel|US

More peas please? Thanksgiving meal costs Americans less this year

With gas prices and airfares falling it will be cheaper for Americans to get to Grandma's or wherever they celebrate Thanksgiving this year, and when they

More peas please? Thanksgiving meal costs Americans less this year
Economy|Finance

Boston Fed's Collins: Central bank needs better view of full employment

Improvements in labor supply that seem to occur as the overall job market gets tighter means Federal Reserve policymakers may need to worry less about inflation

Boston Fed's Collins: Central bank needs better view of full employment
Business|Economy|Finance|US

US jobs data may be miscounting millions of 'gig' workers, research suggests

Millions of "gig" workers may get missed every month in the U.S. government's employment report, a discrepancy with implications for how Federal Reserve

US jobs data may be miscounting millions of 'gig' workers, research suggests
Business|Economy|Finance|News|US

Boston Fed's Collins: Remain optimistic in soft landing from inflation

Boston Federal Reserve President Susan Collins said on Friday she remained optimistic the U.S. central bank can lower inflation without doing substantial damage

Boston Fed's Collins: Remain optimistic in soft landing from inflation
Business|Economy|Finance|News|US

Fed minutes anchor cautious policy approach as risks become more two-sided

Federal Reserve officials agreed at their last policy meeting they could take a cautious approach to raising U.S. interest rates moving forward, and would

Fed minutes anchor cautious policy approach as risks become more two-sided
Economy|News|US

As US job market softens, gains of minority groups hang in the balance

Economists who have studied employment during the recovery from the coronavirus pandemic agree that Black, Hispanic, and less-educated workers saw outsized

As US job market softens, gains of minority groups hang in the balance
Economy|Finance|News|US

With Fed likely done hiking rates, Waller flags pivot ahead

Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing

With Fed likely done hiking rates, Waller flags pivot ahead
Business|Economy|Finance|Stock Markets|US

With Fed likely done hiking rates, Waller flags pivot ahead

Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing

With Fed likely done hiking rates, Waller flags pivot ahead
News|Uncategorized|US

Yellen tours North Carolina lithium plant to bolster Biden's case on US economy

U.S.

Yellen tours North Carolina lithium plant to bolster Biden's case on US economy
News|US

Did pandemic central banking work? Fed review to eye inflation, jobs tradeoffs

The U.S.

Did pandemic central banking work? Fed review to eye inflation, jobs tradeoffs
News|US

Fed, with rates at a peak, now looks at a hold and an eventual pivot lower

U.S.

Fed, with rates at a peak, now looks at a hold and an eventual pivot lower
News|US

Markets outpacing the Fed may be in for a Christmas season scolding

After their meeting five weeks ago, U.S.

Markets outpacing the Fed may be in for a Christmas season scolding
Business|Economy|Finance|US

US wage growth, once an inflation risk, may now be the prop a soft landing needs

Federal Reserve officials will look at new wage data due out Friday to confirm what many have come to suspect: That rising worker pay at this point is

US wage growth, once an inflation risk, may now be the prop a soft landing needs
Business|Finance|US

Powell may hope for replay of Fed circa 1995 even as he shuns "victory"

As victory celebrations go, the Federal Reserve's announcement of a quarter point interest rate cut in July of 1995 was hardly ostentatious.

Powell may hope for replay of Fed circa 1995 even as he shuns "victory"
Health|News|US

US public's downbeat view of economy is real, Chicago Fed research shows

Whether it's the "collective trauma" cited by the American Psychological Association (APA) or the bad "vibes" noted by internet analysts, there has been a

US public's downbeat view of economy is real, Chicago Fed research shows
Business|Economy|Finance|News|US

With rate hikes likely done, Fed turns to timing of cuts

The Federal Reserve left interest rates unchanged on Wednesday and U.S. central bank chief Jerome Powell said the historic tightening of

With rate hikes likely done, Fed turns to timing of cuts
Economy|Finance|News|US|World

Fed stands alone as ECB, BoE stick with tight policy

The U.S.

Fed stands alone as ECB, BoE stick with tight policy
News|US

Coal in the Fed's stocking last year turned to sugar plums in 2023

The U.S.

Coal in the Fed's stocking last year turned to sugar plums in 2023
Business|Economy|Finance|US

Fed's Bostic: No 'urgency' for rate cuts

There is no current "urgency" for the Federal Reserve to reduce U.S. interest rates given the strength of the economy and the need to be sure that inflation

Fed's Bostic: No 'urgency' for rate cuts
Business|Economy|Finance|News|US

As pandemic 'jobs hole' closes, Fed finds labor market easing elusive

The U.S. economy ended last year with the labor scars from the COVID-19 pandemic effectively healed and a quandary for Federal Reserve policymakers so far

As pandemic 'jobs hole' closes, Fed finds labor market easing elusive
Business|Economy|Finance|US

Atlanta Fed's Bostic says bias remains for policy to stay tight

Atlanta Federal Reserve President Raphael Bostic said on Monday that with inflation still above the central bank's 2% target, his bias is for monetary

Atlanta Fed's Bostic says bias remains for policy to stay tight

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