The Federal Reserve is anticipated to announce a cut in interest rates today, despite the lack of government data due to the ongoing shutdown. Most of the information the central bank receives to ...
Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ...
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Jason Reed, University of Notre Dame (THE CONVERSATION) When it comes to setting ...
WASHINGTON (AP) — The Federal Reserve is expected to cut its short-term rate Wednesday for the second time this year despite an increasingly cloudy view of the economy it is trying to influence. The ...
Fed officials are trying to determine how to support the labor market without pushing inflation higher. The Federal Reserve is already staring down the difficult task of determining interest-rate ...
The shutdown could prevent the release of a jobs report on Friday. The government shutdown on Wednesday has halted the release of some major economic data at a wobbly moment for the economy, ...
The Federal Reserve is widely expected to lower its benchmark interest rate by a quarter percentage point Wednesday afternoon for the second policy meeting in a row, even as officials have been flying ...
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With the BLS shut down, I estimate economic data like inflation and unemployment using exponential smoothing to see what likely outcomes are while we are in our data blackout. Unemployment is trending ...
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ...
SALT LAKE CITY — So far, mortgage rates aren't moving much as the impasse that shuttered the federal government continues. The weekly average for a 30-year fixed-rate mortgage hit 6.34% on Thursday, ...
The Federal Reserve is already staring down the difficult task of determining interest-rate policy in the midst of a sluggish labor market and high inflation. The government shutdown now in its second ...
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