AJ Impact

US economy marks 10th straight year of jobs gains, but ...

... pace of hiring slowed in December, wage increases were modest and manufacturing is losing jobs.

US economy marks 10th straight year of jobs gains, but ...

AJ Impact

Did the Fed pull off a 'soft landing' for the US economy?

It seems to think so because a majority of Fed policymakers foresee no change in interest rates until at least 2021.

 Did the Fed pull off a 'soft landing' for the US economy?

AJ Impact

Former Fed Chief Paul Volcker, inflation tamer, dead at 92

Volcker proposed what became known as the 'Volcker Rule' restricting banks from gambling with depositors' cash.

Former Fed Chief Paul Volcker, inflation tamer, dead at 92

AJ Impact

The US economy created a whopping 266,000 jobs last month ...

... which means the United States Federal Reserve is looking rather clever about now.

The US economy created a whopping 266,000 jobs last month ...

AJ Impact

US Fed Chairman: 'Monetary policy is in a good place'

Powell says he is satisfied with current interest rates but flags economic risks from slowing growth, trade disputes.

US Fed Chairman: 'Monetary policy is in a good place'

AJ Impact

Fed chief Powell says 'sustained expansion' likely for US economy

High and rising debt could curb fiscal policymakers' ability to support economic activity in a downturn, says Powell.

Fed chief Powell says 'sustained expansion' likely for US economy

AJ Impact

Not even a strike can stop US jobs machine from trucking along

Better-than-expected employment report signals Americans are likely to keep spending, which sustains economic growth.

Not even a strike can stop US jobs machine from trucking along

AJ Impact

US Fed cuts interest rates once more, as uncertainties remain

Central bank watchers say monetary easing is key part of strategy to counter strong global economic headwinds.

US Fed cuts interest rates once more, as uncertainties remain

AJ Impact

US Fed cuts interest rates but gives mixed signals on next move

The rate cut fell short of the more aggressive reduction in borrowing costs that Trump had demanded from Fed officials.

US Fed cuts interest rates but gives mixed signals on next move

AJ Impact

Trump demands negative interest rates from Fed 'boneheads'

US president jawbones politically independent central bank on Twitter to push rates even below zero, in apparent shift.

Trump demands negative interest rates from Fed 'boneheads'

AJ Impact

US manufacturing contracts for first time in three years

The rate of production growth was among the slowest seen in over three years.

US manufacturing contracts for first time in three years

AJ Impact

US Fed chair: Trade war is bad for economy

Central bank chief Jerome Powell promises at Jackson Hole gathering to 'act as appropriate’ in sustaining expansion.

US Fed chair: Trade war is bad for economy

AJ Impact

Propelled by Fed rate cut, US existing home sales rise

As the central bank proceeds with a policy of monetary easing, the housing market appears to be picking up momentum.

Propelled by Fed rate cut, US existing home sales rise

AJ Impact

US Fed expected to seek another cut despite solid economic growth

US economic data shows robust consumer spending in July, despite escalation in US-China trade war.

US Fed expected to seek another cut despite solid economic growth

AJ Impact

Making money war: Will Trump 'manipulate' the overvalued dollar?

The White House is seeking the best way to stimulate the US economy and win the escalating trade fight with China.

Making money war: Will Trump 'manipulate' the overvalued dollar?