Atlanta Fed predicts negative 1.5 percent GDP growth in first quarter
The Atlanta Federal Reserve is projecting a contraction of the nation’s gross domestic product (GDP) of 1.5 percent in the ...
Closely watched Atlanta Fed GDP tracker sees U.S. economy contracting in first quarter
The Atlanta Fed’s GDPNow forecast for the first-quarter was just revised to show a contraction at a 1.5% annual rate. This would be the first quarterly contraction in the economy since the first ...
Inflation, growth may be in conflict but Fed seen restarting cuts in June
New data may point to emerging tension between the U.S. Federal Reserve's dual inflation and employment goals, as price ...
Inflation Eased. Why It Isn’t a Sigh of Relief for the Fed or Consumers.
The year-over-year gain in the Fed’s preferred measure of inflation was in line with economists’ expectations and slowed from ...
Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
Thomas Ryan, an economist at Capital Economics, attributed the decline in part to “unseasonably severe winter weather,” but ...
Exclusive: Fed's Hammack eyes steady balance sheet cuts amid US government financial uncertainty
Federal Reserve Bank of Cleveland President Beth Hammack reckons the U.S. central bank can keep steadily shrinking its balance sheet through a period of uncertain government finances, while noting she ...
Federal Reserve's Schmid emphasizes vigilance amid rising consumer inflation expectations
Surveys showing a rise in consumer inflation expectations mean the central bank needs to keep its focus on ensuring price ...
Cleveland Fed’s Hammack Advocates Patience on Further Cuts
Federal Reserve Bank of Cleveland President Beth Hammack says the Fed should continue to be cautious with further ...
Fed’s Hammack Says Rates on Hold, Not Meaningfully Restrictive
Federal Reserve Bank of Cleveland President Beth Hammack said interest rates are not “meaningfully restrictive” and should be ...
Fed’s Schmid warns against rate cuts in response to weaker outlook
Schmid, a voting member of the Fed’s interest-rate committee this year, pointed to two lasting lessons from history.
Teachers union sues over Trump administration’s deadline to end school diversity programs
A new federal lawsuit in Maryland is challenging a Trump administration memo giving the nation’s schools and universities two ...
Youngkin: I have ‘extraordinary empathy’ for federal workers at risk of losing jobs
Virginia Gov. Glenn Youngkin (R) said on Monday that he has empathy for the state’s federal workers at risk of losing their ...