Today: September 21, 2024
Today: September 21, 2024

Latest From Howard Schneider

Economy

Atlanta Fed's Bostic says bias remains for policy to stay tight

Atlanta Federal Reserve President Raphael Bostic said on Monday that with inflation still above the central bank's 2% target, his bias is for monetary

Atlanta Fed's Bostic says bias remains for policy to stay tight
Economy

As pandemic 'jobs hole' closes, Fed finds labor market easing elusive

The U.S. economy ended last year with the labor scars from the COVID-19 pandemic effectively healed and a quandary for Federal Reserve policymakers so far

As pandemic 'jobs hole' closes, Fed finds labor market easing elusive
Economy

Coal in the Fed's stocking last year turned to sugar plums in 2023

The U.S.

Coal in the Fed's stocking last year turned to sugar plums in 2023
Economy

US public's downbeat view of economy is real, Chicago Fed research shows

Whether it's the "collective trauma" cited by the American Psychological Association (APA) or the bad "vibes" noted by internet analysts, there has been a

US public's downbeat view of economy is real, Chicago Fed research shows
Economy

Powell may hope for replay of Fed circa 1995 even as he shuns "victory"

As victory celebrations go, the Federal Reserve's announcement of a quarter point interest rate cut in July of 1995 was hardly ostentatious.

Powell may hope for replay of Fed circa 1995 even as he shuns "victory"
Economy

US wage growth, once an inflation risk, may now be the prop a soft landing needs

Federal Reserve officials will look at new wage data due out Friday to confirm what many have come to suspect: That rising worker pay at this point is

US wage growth, once an inflation risk, may now be the prop a soft landing needs
Economy

Fed, with rates at a peak, now looks at a hold and an eventual pivot lower

U.S.

Fed, with rates at a peak, now looks at a hold and an eventual pivot lower
Economy

Did pandemic central banking work? Fed review to eye inflation, jobs tradeoffs

The U.S.

Did pandemic central banking work? Fed review to eye inflation, jobs tradeoffs
Economy

Yellen says US economy does not need drastic tightening, 'soft landing' on track

U.S.

Yellen says US economy does not need drastic tightening, 'soft landing' on track
Economy

As US job market softens, gains of minority groups hang in the balance

Economists who have studied employment during the recovery from the coronavirus pandemic agree that Black, Hispanic, and less-educated workers saw outsized

As US job market softens, gains of minority groups hang in the balance
Economy

Fed minutes anchor cautious policy approach as risks become more two-sided

Federal Reserve officials agreed at their last policy meeting they could take a cautious approach to raising U.S. interest rates moving forward, and would

Fed minutes anchor cautious policy approach as risks become more two-sided
Economy

Boston Fed's Collins: Remain optimistic in soft landing from inflation

Boston Federal Reserve President Susan Collins said on Friday she remained optimistic the U.S. central bank can lower inflation without doing substantial damage

Boston Fed's Collins: Remain optimistic in soft landing from inflation
Economy

Boston Fed's Collins: Central bank needs better view of full employment

Improvements in labor supply that seem to occur as the overall job market gets tighter means Federal Reserve policymakers may need to worry less about inflation

Boston Fed's Collins: Central bank needs better view of full employment
Economy

More peas please? Thanksgiving meal costs Americans less this year

With gas prices and airfares falling it will be cheaper for Americans to get to Grandma's or wherever they celebrate Thanksgiving this year, and when they

More peas please? Thanksgiving meal costs Americans less this year
Economy

Inflation in the US is improving, the public mood is still sour

As families in the U.S. prepare to gather for their Thanksgiving dinners next week, food prices have largely flatlined for months, gasoline prices are about

Inflation in the US is improving, the public mood is still sour
Economy

Fed report shows US loan officers see tighter credit, weaker demand

Banks tightened lending standards for U.S. businesses and households in the third quarter, but the pace of change appeared to ease, and demand for loans fell

Fed report shows US loan officers see tighter credit, weaker demand
Economy

Fed's Cook says rising yields not tied to monetary policy outlook

The recent rise in long-term U.S. bond yields does not seem to have been driven by investor expectations of further interest rate increases, Federal Reserve

Fed's Cook says rising yields not tied to monetary policy outlook
Economy

Productivity adds the anesthetic to Powell's pain-free disinflation

A recent surge in U.S. productivity has underscored Federal Reserve Chair Jerome Powell's emerging narrative for how inflation may continue to decline even

Productivity adds the anesthetic to Powell's pain-free disinflation
Economy

Fed keeps rates unchanged, acknowledges economy is 'strong'

The Federal Reserve held interest rates steady on Wednesday but left the door open to a further increase in borrowing costs in a policy statement that

Fed keeps rates unchanged, acknowledges economy is 'strong'
Economy

Fed's Powell: Strong economy may still require rate increases

The U.S. economy's strength and continued tight labor markets could warrant further Federal Reserve interest rate increases, Fed Chair Jerome Powell said on Thursday in

Fed's Powell: Strong economy may still require rate increases
Economy

Fed's Powell faces 'what, me worry?' moment of spiking bond yields, war, political stalemate

Federal Reserve officials may not raise interest rates when they meet in two weeks but neither will they say their 19-month drive to hike borrowing costs is

Fed's Powell faces 'what, me worry?' moment of spiking bond yields, war, political stalemate
Economy

Housing remains a puzzle in Fed's inflation fight

Federal Reserve officials throughout this year had pinned their hopes for falling inflation in part on an expected easing of U.S. housing price increases

Housing remains a puzzle in Fed's inflation fight
Economy

Fed's Waller: Fed can "watch and see" if further hikes needed

U.S.

Fed's Waller: Fed can "watch and see" if further hikes needed
Economy

Spike in Treasury yields clouds Biden, Fed hopes for smooth return to normal

Even as the U.S. economy bounds along, rising interest rates on government bonds could threaten the plans of elected officials and central bankers who

Spike in Treasury yields clouds Biden, Fed hopes for smooth return to normal
Economy

US wealth, income concentration resume upward climb in post-pandemic era

The richest Americans are emerging from the coronavirus pandemic with their share of wealth and income on the rise again despite some thought that the tight

US wealth, income concentration resume upward climb in post-pandemic era

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