The Treasury secretary will offer an upbeat assessment of the economy on Tuesday, a year after the nation’s banking system faced turmoil.
Category: United States Economy
-
The Jobs Conundrum: Questions About Wages Persist
The latest data on jobs and wages are positive on the surface, but a large group of voters are still downbeat about the state of the economy.
-
Why Are Americans Wary While the Economy Is Healthy? Look at Nevada.
Economic shocks over two decades, combined with reliance on volatile casinos, have undermined confidence despite an economy that’s bustling.
-
Fed Chair Powell Says Officials Need More ‘Good’ Data Before Cutting Rates
Federal Reserve officials are debating when to lower rates. An interview with Jerome H. Powell confirms a move is coming, but not immediately.
-
Job Market Starts 2024 With a Bang
U.S. employers added 353,000 jobs in January, far exceeding forecasts, and revised figures showed last year was even stronger than previously reported.
-
U.S. Leading Soft Landing for Global Economy
Economies all over the world are lowering inflation while avoiding serious recession — but growth in the United States stands out.
-
The Economy Looks Sunny, a Potential Gain for Biden
Recession fears have eased. Growth and job gains are beating expectations. Inflation is cooling. Consumers are happier. The president is waiting to benefit.
-
Blockbuster Jobs Report Backs Up Fed’s Patience as It Waits to Cut Rates
Given continued strength of the economy, the Federal Reserve is unlikely to feel pressure to cut interest rates at its next meeting in March.
-
Economists Expected a Hiring Slowdown. So Much for That.
Jobs and wage gains remain robust despite the Federal Reserve’s campaign to cool the economy, surprising policymakers and economic forecasters.
-
Biden Takes Aim at Grocery Chains Over Food Prices
President Biden has begun to accuse stores of overcharging shoppers, as food costs remain a burden for consumers and a political problem for the president.
-
The Markets Want Rate Cuts but The Fed Is Taking Its Time
Vague comments about possible future rate cuts were all that central bankers gave the markets. Patience will be difficult at this tricky moment, our columnist says.