The U.S. central bank is widely expected to cut interest rates for the first time this year, despite the economy sending mixed signals.
Category: United States Economy
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Fired by Trump, a Former Labor Official Warns Against Politicizing Economic Data
Erika McEntarfer, in her first appearance since she was ousted from the Bureau of Labor Statistics, cautioned that “economic data must be free from partisan influence.”
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Fired by Trump, a Former Labor Official Warns Against Politicizing Economic Data
Erika McEntarfer, in her first appearance since she was ousted from the Bureau of Labor Statistics, cautioned that “economic data must be free from partisan influence.”
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Senate Confirms Stephen Miran as Fed Governor
The Senate voted to install one of President Trump’s top economic advisers at the central bank, opening the door for him to cast a vote at this week’s meeting to set interest rates.
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China’s Snub of U.S. Soybeans Is a Crisis for American Farmers
North Dakota farmers are scrambling to find extra storage space and bracing for land values to fall as soybeans that should be bound for China begin to pile up.
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China’s Snub of U.S. Soybeans Is a Crisis for American Farmers
North Dakota farmers are scrambling to find extra storage space and bracing for land values to fall as soybeans that should be bound for China begin to pile up.
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As the Fed Prepares to Lower Rates, 2 Seats on Its Board Are in Limbo
The Senate looks poised to confirm President Trump’s pick to join the central bank in time for the policy meeting next week, while another governor’s fate remains up in the air.
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CPI Shows Pace of US Inflation Likely to Keep Fed Cautious on Rate Cuts
The central bank is likely to lower borrowing costs at its meeting next week amid budding concerns about the labor market.
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Republicans Race to Advance Stephen Miran, Trump’s Fed Pick, Despite White House Ties
Stephen Miran, a top economic adviser to the president, has said he intends to take a leave of absence if confirmed, heightening fears about the central bank’s independence.
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How Lutnick Is Using Government Power to Pressure Private Companies
Commerce Secretary Howard Lutnick has been putting the squeeze on companies and trading partners in an unusual effort to raise revenue and expand the president’s role over the economy.