That implies 50 basis points of rate cuts this year and another 50 bps next year, which is pretty much in line with rates futures markets right now. So perhaps Fed policy is still in a "good place", ...

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Due to U.S. trade policies, another global financial institution forecasted slower economic growth on Tuesday. The World Bank cut its annual economic growth forecast, saying President Donald Trump's ...

Politics aside, recent history has illustrated that the ADP figures aren’t exactly gospel. Month after month, they have diverged from the Labor Department’s more resilient payroll numbers, often ...

The president shifts blame for slow trade talks and economic warning signs while former top ally Elon Musk trashes his ...

Trump has frequently critiqued the Fed Chair in 2025, calling Powell a "major loser." On Wednesday, weaker private payrolls ...

Job openings and hiring increased slightly in April ahead of the Friday employment report from the Labor Department, which will be a major data point for the Federal Reserve as it determines the ...

President Donald Trump met with Federal Reserve Chair Jerome Powell and the two discussed the economy but not Powell’s ...

Federal Reserve Chair Jerome Powell didn't discuss the economy or the path ahead for interest rates in brief opening remarks on Monday. Instead, Powell focused on the work of the bank's division of ...

May jobs report, Fed Chair Powell's comments, U.S. trade deficit, consumer credit, earnings reports scheduled from ...

Forecasts for global growth have been revised markedly down compared with the January 2025 World Economic Outlook (WEO) Update, reflecting effective tariff rates at levels not seen in a century and a ...