Tariffs and uncertainty were already making the economy hard to read. The loss of government data during the shutdown has made the situation much worse.
Category: Powell, Jerome H
-
What to know about the Fed meeting.
The U.S. central bank is widely expected to cut interest rates for the second meeting in a row even though the government shutdown is obscuring officials’ view of the economy.
-
What the Fed’s Rate Decision Means for Loans, Credit Cards, Mortgages and More
See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
-
What to Watch at the Federal Reserve’s October Meeting
The U.S. central bank is widely expected to cut interest rates for the second meeting in a row even though the government shutdown is obscuring officials’ view of the economy.
-
Strains in Short-Term Markets Raise Urgency of Fed Balance Sheet Debate
Warning signs in crucial money markets have raised the prospect that the central bank will soon stop reducing its portfolio of government debt and mortgage bond holdings.
-
Is the Fed Too Confident About Inflation? Some Economists Think So.
The central bank confronts “no risk-free path” in balancing the risk of a sharp slowdown in the labor market and resurgent price pressures.
-
Black Unemployment Is Surging Again. This Time Is Different.
Federal layoffs and an end to diversity initiatives have weakened a historically strong labor market for Black workers.
-
A Tough Job for Jay Powell at the Fed Gets Tougher
Some at the central bank don’t feel the need to cut rates further this year; others are worried about the jobs market. That complicates the job of Jay Powell, its chair.
-
Mixed Economic Signals Stoke Divisions at Fed, Minutes Show
A few officials appeared reluctant to support the central bank’s interest rate cut last month, underscoring the tough task ahead for Chair Jerome H. Powell to forge a consensus.
-
The Consequences of Trump’s Setback at the Fed
A Supreme Court decision that keeps a Fed governor on the job for now could scramble President Trump’s effort to add more loyalists at the central bank.
-
Shutdown Puts a Divided Fed in a Perilous Position
Some policymakers at the central bank are in a rush to lower interest rates after the Federal Reserve’s first cut this year, while others are urging caution.
-
Trump’s Tariffs Threaten to Break Some Small Businesses
Import duties are posing a challenge to some smaller companies, which fear that raising prices to cover higher costs will drive away customers.