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Today: January 23, 2025
Today: January 23, 2025
Howard Schneider

Howard Schneider

Staff Writer

Latest From Howard Schneider

Business|Economy|News|US

Inflation "settling" high could pose new risks for the Fed, economy

Inflation lodged above the U.S.

Inflation "settling" high could pose new risks for the Fed, economy
Business|Economy|Finance|US

Fed's Cook says households, banks, firms largely in solid financial shape

U.S. households, banks and firms are largely in solid financial shape, with the means at hand to cover debt payments and with strong enough buffers to absorb

Fed's Cook says households, banks, firms largely in solid financial shape
Economy|News|US

Fed's communications style scores well with analysts but not public

Through a tumultuous period of high inflation, aggressive interest rate hikes, and global instability, the U.S.

Fed's communications style scores well with analysts but not public
Business|Economy|Finance|US

Fed's Daly says disinflation still happening, but sees 'considerable' uncertainty

There is "considerable" uncertainty about where U.S. inflation will head in coming months, San Francisco Federal Reserve President Mary Daly said on

Fed's Daly says disinflation still happening, but sees 'considerable' uncertainty
Business|Economy|Finance|US

Fed's Bostic says economy likely slowing, though rate-cut timing uncertain

The U.S. central bank likely remains on track to cut interest rates this year even if the timing and extent of the policy easing is uncertain and further

Fed's Bostic says economy likely slowing, though rate-cut timing uncertain
Business|Economy|Finance|US

Fed officials mull whether rates high enough as inflation expectations jump

Debate over whether U.S. interest rates are high enough deepened among Federal Reserve officials this week, and may be stoked further after a

Fed officials mull whether rates high enough as inflation expectations jump
Business|Economy|Finance|News|US|World

The world skirted a wage-price spiral, though "last mile" risks remain -research

Developed economies have so far skirted a damaging wage price spiral from the breakout of inflation that followed the pandemic, two top economists have

The world skirted a wage-price spiral, though "last mile" risks remain -research
Economy|News|US

Fed remains cautious on cuts even as data improves

Data this week offered the U.S.

Fed remains cautious on cuts even as data improves
Economy|Finance|News|US

Fed's Barr: Inflation data 'disappointing,' tight policy needs more time

U.S. inflation data through the first months of 2024 has been "disappointing," Fed vice chair for supervision Michael Barr said on Monday,

Fed's Barr: Inflation data 'disappointing,' tight policy needs more time
News|US

Barr: Requiring discount window readiness could break 'stigma'

The U.S.

Barr: Requiring discount window readiness could break 'stigma'
Business|Economy|Finance|News|US

Fed shifts talk to 'scenarios' as policy grows less certain

Federal Reserve Chair Jerome Powell said in a May 1 press conference he didn't want to talk about economic "hypotheticals," but that's what he and other U.S.

Fed shifts talk to 'scenarios' as policy grows less certain
Business|Economy|Finance|News|US

Amid doubts, Fed officials kept disinflation faith at last meeting

Federal Reserve officials at their last policy meeting said they still had faith that price pressures would ease at least slowly in coming months, but doubts emerged

Amid doubts, Fed officials kept disinflation faith at last meeting
Business|Economy|Finance|US

Central bankers should acknowledge blind spots in a less certain world, Fed's Mester says

In nearly 40 years working for and helping lead the Federal Reserve, Cleveland Fed President Loretta Mester was part of a revolution that saw the

Central bankers should acknowledge blind spots in a less certain world, Fed's Mester says
Business|Economy|Finance|US

Price cuts, weaker spending could bolster Fed's faith in inflation outlook

Price cuts by major U.S. retailers and new data showing a slowdown in consumer spending may boost the Federal Reserve's confidence in falling inflation and

Price cuts, weaker spending could bolster Fed's faith in inflation outlook
Economy|News|US

US job market hits milestone on long, strange trip back to pre-pandemic normal

The U.S. job market in April cleared a key hurdle in its slow return from the COVID-19 pandemic when a wonky economic chart known as the "Beveridge Curve"

US job market hits milestone on long, strange trip back to pre-pandemic normal
Business|Health|Technology

Small business may show a coming US hiring slowdown

Like many firms during the pandemic Worxbee, a small business that provides virtual executive assistant services, brought on bodies when Chief Executive Kenzie Biggins

Small business may show a coming US hiring slowdown
Election|News|Opinion|Political|US

Are you better off today? A question for voters as Biden, Trump debate

Perhaps the most famous one-liner in a presidential debate, Ronald Reagan's "Are you better off than you were four years ago?"

Are you better off today? A question for voters as Biden, Trump debate
Economy|Finance|US

Fed's new economic projections may come with a dose of maybe, maybe not

Updated economic projections from Federal Reserve officials this week are expected to show fewer interest rate cuts than policymakers anticipated three

Fed's new economic projections may come with a dose of maybe, maybe not
Business|Economy|Finance|US

Fed's Bostic says inflation moving in 'right direction,' sees one Q4 rate cut

Inflation in the U.S. "appears to be narrowing" and that should allow the Federal Reserve to cut interest rates later this year, Atlanta Fed President

Fed's Bostic says inflation moving in 'right direction,' sees one Q4 rate cut
News

Fed gets heartening inflation data, but slow road ahead

U.S.

Fed gets heartening inflation data, but slow road ahead
Business|Economy|Finance

Global central banks recalibrate as the big policy easing of 2024 fizzles

Six months ago the world's major central banks were primed for a move that anyone with a credit card or hoping to buy a home or run a

Global central banks recalibrate as the big policy easing of 2024 fizzles
Economy|Finance|News|US

Fed's Powell says US on 'disinflationary path,' but more data needed before rate cuts

The U.S. is back on a "disinflationary path," Federal Reserve Chair Jerome Powell said on Tuesday, but policymakers need more data

Fed's Powell says US on 'disinflationary path,' but more data needed before rate cuts
Business|Economy|Finance|News|US

Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress

The Federal Reserve held interest rates steady on Wednesday and pushed out the start of rate cuts to perhaps as late as December as

Fed leaves rates unchanged, sees only one 2024 cut despite inflation progress
Business|Economy|Finance|News|US

Fed officials urge patience on timing of initial rate cut

Federal Reserve policymakers said on Tuesday the U.S. central bank should wait several more months to ensure that

Fed officials urge patience on timing of initial rate cut
Business|Economy|Finance|US

Fed's faith in 'immaculate disinflation' narrative put to the test

The Federal Reserve will conclude a two-day policy meeting on Wednesday, with officials parsing evidence of slowing inflation alongside continued labor

Fed's faith in 'immaculate disinflation' narrative put to the test

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