There are early signs consumers are starting to pull back on spending, Fed’s Williams says
There are fresh signs that consumers may be slowing their spending, a top Fed official said, which could mean slower economic growth ahead.
Greg Robb
U.S. productivity, economy’s secret sauce, falls for first time in almost 3 years
Swings in output and employment resulting from the tariff war will make it hard to gauge productivity, economists said.
Jobless claims fall in latest week, with no sign of recession or layoffs
Companies are holding on to workers, despite uncertainty over trade policy and the contraction in first-quarter GDP.
Fed stands pat on interest rates and warns of economic woes on the horizon
The Federal Reserve on Wednesday remained in a holding pattern on interest rates, while warning about more uncertainty in the economic outlook and higher risks of unemployment and inflation in the new high-tariff U.S. economy.
Fed stands pat on interest rates, warns of possible economic woes
The Federal Reserve on Wednesday remained in a holding pattern on interest rates, while warning about more uncertainty in the economic outlook and higher risks of unemployment and inflation in the new high-tariff U.S. economy.
Trade deficit hit a record in March as companies rushed to import goods ahead of tariffs
At some point, the tide will shift and imports will “drop like a stone,” according to one economist.
Fed’s Powell expected to push back this week against calls for rate cuts
Federal Reserve Chair Jerome Powell will push back at his press conference on Wednesday on calls from the White House and many on Wall Street for interest-rate cuts, economists say.
Jobless claims rise to highest level since October, but not from tariff war
Companies are not laying off workers by large amounts, and are still watching and waiting amid uncertainty about how the economy manages the higher tariffs.