Today: October 05, 2024
Today: October 05, 2024

Latest From Howard Schneider

Economy

U.S. jobs data could be the Fed's cue to hike or hold

A new U.S. employment report on Friday will show whether the labor market continued to moderate through September in what could be an important waypoint for

U.S. jobs data could be the Fed's cue to hike or hold
Economy

Global economy's glide to 'soft landing' gets bumpy as bond yields jump

Rocketing U.S. government bond yields that have led to a global jump in borrowing costs are raising new risks for economic policymakers hoping to lower

Global economy's glide to 'soft landing' gets bumpy as bond yields jump
Economy

Fed chief Powell has warned of economic pain. In York, Pa., he heard all about it

After helping build a floor under the economy during the pandemic only to put a squeeze on it as inflation soared, Federal Reserve Chair Jerome

Fed chief Powell has warned of economic pain. In York, Pa., he heard all about it
Economy

Explainer-Charting the Fed's economic data flow

The Federal Reserve held its benchmark overnight interest rate steady at the Sept. 19-20 policy meeting.

Explainer-Charting the Fed's economic data flow
Economy

Dips in core and "supercore" inflation could bolster a Fed hold

A measure of inflation closely watched by the Federal Reserve has now averaged near the central bank's 2% target for the last three months, another step

Dips in core and "supercore" inflation could bolster a Fed hold
Economy

Fed's Powell: Economy still working through the impact of the pandemic

By Howard Schneider YORK, Pa.

Fed's Powell: Economy still working through the impact of the pandemic
Economy

Fed's Goolsbee sees risk of 'error in view that low inflation needs high unemployment

The U.S.

Fed's Goolsbee sees risk of 'error in view that low inflation needs high unemployment
Economy|Political

Powell says he will stay at Fed through end of term as chair

Federal Reserve Chair Jerome Powell on Monday said he has no plans to leave his post as head of the U.S. central bank before his term expires, pouring cold

Powell says he will stay at Fed through end of term as chair
Economy|Political

What Republicans won't say and Democrats don't like to discuss about US inflation

If the deep split in U.S. politics makes characterizations of economic data a dependable tell about party affiliation, the coming Republican and Democratic

What Republicans won't say and Democrats don't like to discuss about US inflation
Business|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
Opinion|Political

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
Americas|News

US inflation data cemented big cut for one Fed official, dissent for another

Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage point, laid out on Friday the

US inflation data cemented big cut for one Fed official, dissent for another
Business|Economy|Finance|News|Stock Markets

Fed blackout period will lift with Waller's CNBC appearance on Friday

The Federal Reserve's blackout period on public comment around meetings of the U.S. central bank lifts on Friday after a key interest rate decision earlier in

Fed blackout period will lift with Waller's CNBC appearance on Friday
Americas|News

Haitian immigrants fueled Springfield's growth - and now a US presidential debate

Rose Joseph and Banal Oreus followed different paths from Haiti to this struggling Midwestern industrial city that suddenly finds itself at the center

Haitian immigrants fueled Springfield's growth - and now a US presidential debate
Business|Economy|Finance|News

US firms' 'low firing' approach may turn to more layoffs, Fed's Barkin tells BBG

The "low-hiring, low-firing" approach that U.S. businesses currently take to their employment decisions is unlikely to last, Richmond Federal Reserve

US firms' 'low firing' approach may turn to more layoffs, Fed's Barkin tells BBG
Economy|Finance|News

Fed's actions spoke louder than words in inflation fight, research shows

The Federal Reserve's credibility in the eyes of financial markets helped in its battle against inflation over the past two years, but it had to

Fed's actions spoke louder than words in inflation fight, research shows
Business|Economy|News

IMF's Gourinchas says right for US to cut rates though inflation risk not gone

The imminent rate cuts planned by the U.S.

IMF's Gourinchas says right for US to cut rates though inflation risk not gone
Economy|News

Powell's Fed not shy about election-year cuts, ready to defend job market

Federal Reserve Chair Jerome Powell made it clear on Friday the U.S. central bank would not shy away from pivoting to interest rate cuts in the

Powell's Fed not shy about election-year cuts, ready to defend job market
Business|Economy|Finance|News

US job market may be near tipping point, research shows

As inflation fell fast in 2023 and continued to slow this year, Federal Reserve officials were cheered that the steam seemed to come out of the

US job market may be near tipping point, research shows
Business|Economy|News

Fed's pandemic-era vow to prioritize employment may soon be tested

Four years after Federal Reserve Chair Jerome Powell made fighting unemployment a bigger priority during the COVID-19 pandemic, he faces a pivotal test of

Fed's pandemic-era vow to prioritize employment may soon be tested
Americas|Economy|News|Political

Impact of Biden's economic agenda may be felt long after his presidency

U.S.

Impact of Biden's economic agenda may be felt long after his presidency
Economy|News

Fed's Powell: Latest data 'add somewhat to confidence' inflation is returning to 2%

Federal Reserve Chair Jerome Powell said on Monday the three U.S. inflation readings over the second quarter of this year "add somewhat to confidence" that

Fed's Powell: Latest data 'add somewhat to confidence' inflation is returning to 2%
Economy|News

Fed officials at last meeting saw price pressures in decline, minutes show

Federal Reserve officials at their last meeting acknowledged the U.S. economy appeared to be slowing and that "price pressures were diminishing," but still

Fed officials at last meeting saw price pressures in decline, minutes show
Economy|News

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
Business|Economy|News

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

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