Closely watched Atlanta Fed GDP tracker sees U.S. economy contracting in first quarter
The Atlanta Fed’s GDPNow forecast for the first-quarter was just revised to show a contraction at a 1.5% annual rate. This would be the first quarterly contraction in the economy since the first ...
Federal Reserve's Schmid emphasizes vigilance amid rising consumer inflation expectations
Surveys showing a rise in consumer inflation expectations mean the central bank needs to keep its focus on ensuring price ...
Fed’s Schmid warns against rate cuts in response to weaker outlook
Schmid, a voting member of the Fed’s interest-rate committee this year, pointed to two lasting lessons from history.
Rise in US inflation expectations means Fed has to stay on guard, Schmid says
Recent surveys showing a rise in consumer inflation expectations mean the U.S. central bank needs to keep its focus on ...
The Federal Reserve's favorite recession indicator is flashing a danger sign again
The 10-year yield fell below that of the 3-month note, marking an “inverted yield curve” that has a sterling recession prediction record.
Fed's quantitative tightening expectations upended by debt-ceiling worries
Expectations for the future path of the Federal Reserve's balance sheet drawdown process have been scrambled in the wake of ...
Rates May Have to Rise to Combat Inflation Headwinds, Fed's Barkin Says; The Economy Is Still Fine. Americans Are Still Gloomy.
Rates May Have to Rise to Combat Inflation Headwinds, Fed's Barkin Says; The Economy Is Still Fine. Americans Are Still Gloomy. By Vicky Ge Huang The Federal Reserve may have to raise interest rates ...
Americans are getting fed up with the economy. Does that mean we’re heading into a recession?
American consumers and businesses are feeling uneasy, fearing higher inflation is lurking around the corner as President Donald Trump talks massive tariffs. That’s raising questions on what America’s ...
Teachers union sues over Trump administration’s deadline to end school diversity programs
A new federal lawsuit in Maryland is challenging a Trump administration memo giving the nation’s schools and universities two ...
Warning signs flashing for US economy with sinking consumer confidence
Americans are growing increasingly pessimistic about the economy and its future after inflation showed signs of picking back ...
Fed predicted to cut interest rates in June as consumer confidence takes a dive
The Federal Reserve is likely to resume cutting interest rates in June and could reduce short-term borrowing costs again in ...
Watch: House GOP leaders hold press conference ahead of key budget vote
House Republican leaders held a press briefing Tuesday morning following a closed-door meeting and ahead of a key vote on the ...