Empire State Manufacturing Survey Shows Sharp Slowdown
Hiring remains strong but shipments and new orders weakened in the New York Fed’s latest survey of business activity.|
Hiring remains strong but shipments and new orders weakened in the New York Fed’s latest survey of business activity.|
Critics of President Donald Trump are complaining that the White House’s latest economic projects depend on a “rosy scenario” of the economy growing three percent or more.
The economy continued to expand and manufacturing activity expanded but shutdown hurt in some areas and China worries persist.
A new study seems to show a very small loss from tariffs. But a closer look shows even that is produced by flawed analysis.
Good news out of the Texas, where general business conditions are up by more than expected and manufacturing is expanding.
The Fed may start buying bonds again later this year as it hit pause on the run off of its QE portfolio.
U.S. consumer sentiment snapped back in February from a two-year low hit last month, indicating that the weak December retail sales reported this week were a temporary slump.
Inflation is running well below expectations with U.S. consumer prices unchanged in January, the third consecutive month of flat prices.
How will they pay for the Green New Deal? By creating an entirely new banking system out of thin air.
But Cain’s past record suggests that he might not be the interest rate dove Trump is looking for.
The Federal Reserve now agrees with President Donald Trump on interest rates.
Economic growth accelerated and was much stronger than expected in January, according to a basket of indicators collected by the Federal Reserve Bank of Chicago.
New York’s state of mind was decidedly less buoyant than expected in December.
“One ring to rule them all, one ring to find them, One ring to bring them all and in the darkness bind them.”
Regulators gave banks the greenlight to help out borrowers while the government is shut down.
Can Jerome Powell sing?
Inflation is still very tame and even seems to be slowing down.
The Fed looked everywhere but in the mirror as it sought to understand market volatility in December.
What if they held a shut down and no one noticed?
Powell wanted to reassure markets that the Fed wouldn’t blindly march into higher rates.
Rep. Thomas Massie (R-KY) introduced a bipartisan bill on Thursday to audit the Federal Reserve, telling Breitbart News that Wall Street and investment banks might have undue influence on the nation’s central bank. President Donald Trump has supported auditing the Fed in the past.
Stephen Moore and Alfredo Ortiz write in RealClear Politics that the two successive interest rate increases imposed by the Federal Reserve threaten to stifle the huge financial gains of the last two years:
President Trump said he has confidence in Treasury Secretary Mnuchin and criticized the Fed for once again raising interest rates.
Stocks may well rebound in the new year. But for now, Jerome Powell has put a giant lump of coal in America’s Christmas stocking.
“I am all alone (poor me) in the White House waiting for the Democrats to come back and make a deal on desperately needed Border Security,” Trump wrote on Twitter.
FFederal Reserve Chairman Jerome Powel revealed the Federal Open Market Committee (FOMC) brought the prediction down to two rate hikes in 2019 from three in light of the quarter percent rate hike announced Wednesday afternoon.
Federal Reserve Chairman Jerome Powell declared 2018 the “best year since the financial crisis” after revealing a late 2018 quarter percent rate hike Wednesday.
The Federal Reserve announced Wednesday afternoon, less than a week before Christmas, that the Fed will raise interest rates a quarter of a point, from 2.25 to 2.50 percent.
WASHINGTON (AP) — The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy’s continued strength but signaling that it expects to slow hikes next year. The quarter-point hike, to a
President Donald Trump urged the Federal Reserve on Tuesday not to raise interest rates again. “Feel the market, don’t just go by meaningless numbers,” Trump wrote. “Good luck!”
Alfredo Ortiz of Job Creators Network writes in The Hill that the Federal Reserve raising its rates this week would not only rock shaky financial markets, but, more significantly, threaten one of the best economies and labor markets in a generation.
Rocky financial markets, driven largely by Federal Reserve uncertainty and President Trump’s aggressive tariff negotiation strategy, shouldn’t overshadow two trade victories at the recent G20 Summit.
“One and done” is now the market forecast of Fed interest rate hikes.
The futures market is no longer pricing in a rate hike in 2019.
And still no signs that tariffs are a problem for the economy.
Worries about growth and trade battered the stock market Tuesday.
Another indication that the Federal Reserve may be moving rates up too far.
Job Creators Network, one of the nation’s largest grassroots pro-jobs organization, is sending a clear message to Federal Reserve chairman Jerome Powell that he should scrap his previously planned interest rate hike.
The weakest spot in the U.S. economy looks even weaker.
The Fed chair’s position on rates has shifted dramatically over the last two months.