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Powell says no 'risk-free' path

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 · 3d · on MSN
Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says
A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more this year. Powell said in a speech in Philadelphia that despite the federal government shutdown cutting off official economic data,

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 · 3d
Powell says no 'risk-free' path as Fed weighs rate cut amid shutdown
 · 3d · on MSN
Powell Keeps Fed on Track to Lower Rates Again
7d

CBO says U.S. economy set for faster 2021 rebound, complicating stimulus talks

The U.S. economy will grow 4.6% in 2021 after contracting 3.5% in 2020, the Congressional Budget Office said on Monday in a rosier forecast that could strengthen Republican resistance to President Joe ...
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25d

The US economy has a new problem: Democracy is under siege

The nation’s top economic statistician was fired. Central bank independence is being undermined. The federal government is buying chunks of private companies and demanding cuts of revenue streams.

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