Fed Minutes: Lower Inflation Needed to Support Rate Cuts
Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of last month's meeting show.
Read more …
Hassett Slams N.Y. Fed Tariff Study as 'Worst I've Ever Seen'
White House economic adviser Kevin Hassett criticized a New York Federal Reserve paper that said U.S. companies and consumers bear a heavy burden from President Donald Trump's tariffs.
Read more …
Hassett says authors of New York Fed tariff study should be disciplined: 'Worst paper I've ever seen'
The NEC director ripped the report, saying that central bank researchers ignored key aspects of how the duties worked
Read more …
Jobs Up, Inflation Down: Trump's Policies Are Working
Recent economic reports are painting a promising picture, showing a rise in new job creation across the country.
Read more …
US Single-Family Housing Starts Rebound
U.S. single-family homebuilding rebounded in December, but a decline in permits for future construction pointed to underlying weakness amid higher mortgage rates and material costs.
Read more …
Core Capital Goods Orders, Shipments Increase Solidly
New orders for key U.S.-manufactured capital goods increased more than expected in December and shipments of these products surged, cementing economists' expectations that business spending on equipment remained solid in the fourth quarter.
Read more …