Breitbart Business Digest - Page 9

The most heralded recession in American history will probably not arrive until next year.

The Federal Reserve on Wednesday announced its decision not to raise the range for its benchmark federal funds rate target, choosing to leave rates alone for the first time in 15 months.

Federal Reserve Chairman Jerome Powell will get his pause.

A funny thing happened on the way to the next recession: stocks stampeded their way to bull market territory.

The stage is set for the Federal Reserve to take a breather at its next meeting, probably with the explanation that it wants to assess the effects of the earlier interest rate hikes on the economy.

The latest results from the Economist/YouGov poll reveal that Americans are deeply unhappy about the economy.

The Federal Reserve’s Summary of Economic Projections from March now appear to be seriously outdated.

The labor market is putting the Federal Reserve to the test.

The bones of the U.S. economy are looking good as we hurtle toward the warming months.

The labor market is still refusing to cooperate with the narrative that the economy is softening.

The deal to suspend the limit on federal government debt until 2025 removes one of the obstacles to another Federal Reserve rate increase.

It is getting harder and harder to justify not raising rates at the next meeting of the Federal Open Market Committee.

Did the economy grow or shrink in the first three months of the year?

Someone forgot to tell the mall rats that the economy is supposed to be in a recession any day now.

The most heralded recession in U.S. history still is not showing up.

Despite the lowest rate of unemployment in decades, more than a third of Americans say they are losing ground financially.

Federal Reserve Chairman Jerome Powell still appears to support a pause at the next meeting—and expects the Fed will hold rates near current levels rather than cut later this year.

Long-term underlying inflationary pressures are pushing us toward a prolonged period of higher inflation or higher interest rates.

One sign of a very tight labor market is that very few workers are relocating to take up new positions.

How can we break this to you? The economy is not in a recession. 

Federal Reserve officials are working overtime to jawbone the market away from the conviction that the Fed will cut rates several times this year.

The Federal Reserve fired a shot across the bow of market complacency on interest rates.

The yield curve on very short-term debt issued by the U.S. government is deeply inverted. Could this signal concerns about the debt ceiling?

The April inflation report will keep the Federal Reserve on track to pause rate hikes at its meeting next month.

Every unpopular Federal Reserve chairman is unpopular in his own way.

The president and his cabinet members have acted as if reaching a legislative compromise to the debt limit would be a violation of their principles, the Constitution, and perhaps even the divine order.

The payrolls numbers on Friday add evidence to our thesis that the economy reaccelerated in April after slowing in the prior two months.

The fact that the market reacted to Fed Chair Jerome Powell’s assurances about the health of the banking sector with a rout in bank stocks raises serious questions about Powell’s credibility.

Treasury Secretary Janet Yellen said this week that she expects the U.S. government could run out of cash as early as June 1 if the debt limit is not lifted.

Everyone has a job and no one is happy.

The economy is not losing steam at the rate many economists expected. To the contrary, we appear to be accelerating.

The bottom line for next week’s meeting of the Federal Open Market Committee is another 25 basis point hike.

There was nothing in the Commerce Department’s report on first-quarter gross domestic product that should give the Federal Reserve a reason to hold back on raising interest rates.

April Is the Most Beautiful Month Almost everyone misunderstands why the narrator of T.S. Eliot’s “The Waste Land” supposed that April was the cruelest month. The narrator begins the poem as a depressive, deep in mourning for the collapse of

The housing recession is over—for now.

French luxury giant LVMH Moët Hennessy Louis Vuitton just became the first European company with a market value exceeding $500 billion.