Economy

Hits: 0 The U.S. economy has weathered the global slowdown and the tariff war with China and doesn’t need lower interest rates, Boston Federal Reserve President Eric Rosengren said Friday. Rosengren was one of two […]

Hits: 0 The Federal Reserve is taking a meeting-by-meeting approach to setting interest rates and for now is not committed to a set course of action ahead, Vice Chairman Richard Clarida told CNBC. “We’re gonna […]

Hits: 0 James Bullard David Orrell | CNBC St. Louis Federal Reserve Bank President James Bullard said he argued for a deeper rate cut than his colleagues approved earlier this week because he fears that […]

Hits: 0 Billionaire investor Leon Cooperman on Thursday said he believes that the Federal Reserve is “screwing the savers” by cutting interest rates like they did for the second time this year in the prior […]

Hits: 0 A “For Sale” sign is seen in front of a home on May 30, 2019 in Miami, Florida. Joe Raedle | Getty Images U.S. home sales unexpectedly rose to a 17-month high in […]

Hits: 0 NEW YORK — The U.S. economy will have a tough time at the start of 2020, Pimco CEO Emmanuel Roman said Thursday. “We see the U.S. economy slowing down,” Roman said at the […]

Hits: 0 Job seekers wait in line outside of Vertiport Chicago where Amazon was hosting a career fair on September 17, 2019. Scott Olson | Getty Images The number of Americans filing applications for unemployment […]

Hits: 0 Federal Reserve Chairman Jerome Powell shut down the notion that the Fed would use negative rates as a tool to combat future economic weakness. “I do not think we’d be looking at using […]

Hits: 0 Federal Reserve Chairman Jerome Powell said on Wednesday that the Fed may have to resume the organic growth of its balance sheet sooner than expected to help ease money markets. “Going forward, we’re […]

Hits: 0 The divided vote and subsequent policy statement from the Fed offered few indications that further interest rate reductions lay ahead. Stocks fell on the heels of the monetary policy decision. The Dow Jones […]