Oops, something went wrong
The latest news and analysis about the health of the US economy.
After record snowfall and thousands of flight cancellations, BofA warned that a Viola-style economic chill is coming —though most of that growth may be delayed, not destroyed.
The Federal Reserve is widely expected to hold interest rates steady at its policy meeting this week. All eyes will be on how long officials signal they plan to hold rates steady.
Consumers are in wait-and-see mode as they weigh inflation and a weakening job market.
A delayed reading on the Federal Reserve’s preferred inflation gauge released Thursday keeps the central bank on course to hold interest rates steady next week.
US Supreme Court justices expressed skepticism Wednesday of the Trump administration’s arguments for firing Federal Reserve governor Lisa Cook.
Instead of flocking to US assets over global instability, investors are trying to get out of them.
The Supreme Court will hear oral arguments Wednesday over President Trump's move to fire Federal Reserve Governor Lisa Cook — a case that tests the central bank’s independence and could reset precedent.
In the wake of the Justice Department opening a criminal investigation of Federal Reserve Chair Jerome Powell, a chorus of Fed officials have rallied to his defense.
Federal Reserve Vice Chair for Supervision Michelle Bowman said Friday that the central bank should be ready to cut interest rates further, citing "signs of fragility" in the job market.
Kansas City Fed president Jeff Schmid said Thursday he thinks inflation remains too high and cutting interest rates could drive it higher, eclipsing any benefit to the job market.