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Fed: Sunny outlook for US despite shade thrown by trade

Howard Schneider and Jason Lange, Reuters
Posted at Jul 19 07:15 AM

The document in summary portrayed an economy that was largely in good shape ahead of a July 30-31 Fed meeting at which the central bank is widely expected to reduce interest rates. Read more »

US Fed sees 'modest' growth despite 'widespread' trade fears

Douglas Gillison, Agence France-Presse
Posted at Jul 18 07:15 AM

Fears that President Donald Trump's trade wars will harm the economy are pervasive, but for now, America keeps chugging along with steady job creation and tame inflation, the Federal Reserve reported Wednesday.  Read more »

Fed's Powell doubles down on rate cut signal

Agence France-Presse
Posted at Jul 17 08:28 AM

Federal Reserve Chair Jerome Powell added more weight to expectations the central bank will cut interest rates later this month, stressing Tuesday that the US inflation outlook is near historic lows.   Read more »

US manufacturing sinks into recession amid trade wars

Heather Scott, Agence France-Presse
Posted at Jul 17 07:46 AM

US manufacturing sunk into recession in June after two consecutive quarters of declines amid President Donald Trump's bitter trade wars and a slowdown in China and other trading partners.  Read more »

US retail sales increase solidly in boost to economy

Lucia Mutikani, Reuters
Posted at Jul 16 09:52 PM

US retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment. Read more »

IKEA closing only US furniture factory, cutting 300 jobs

Agence France-Presse
Posted at Jul 16 06:37 AM

IKEA said it will close its only US factory at the end of the year, cutting 300 jobs, as it will be more cost effective to make the products in Europe and import them.  Read more »

Trump's favorite parts of US economy are also the weakest

Douglas Gillison, Agence France-Presse
Posted at Jul 14 11:15 AM

Despite punitive tariffs to help skew the playing field in favor of US companies, the very industries Trump has tried to help have become the weakest links in the otherwise solid economy. Read more »

Federal Reserve faces fire no matter what it does

Jeanna Smialek, The New York Times
Posted at Jul 10 10:52 AM

President Donald Trump has put the Fed under a microscope, jawboning officials for months to cut rates and calling the central bank America’s “most difficult problem” in a series of posts on Twitter on Friday. Read more »

Global stocks ease on shifting Fed expectations

Agence France-Presse
Posted at Jul 09 07:56 AM

Taking their cue from an earlier sell-off in Asia, European stock markets weakened as steep reductions in US borrowing costs appeared to be off the cards, at least for now. Read more »

Pricier grills, cheaper meat: How Trump's trade policy plays on July 4

Jonas Ekblom and Barbara Smith, Reuters
Posted at Jul 04 06:51 AM

The tit-for-tat tariff fight between the world's two largest economies started by US President Donald Trump a year ago has US companies facing higher costs for metals and components, while US agricultural exports to China have fallen off. Read more »

Trump announces nominees to fill two vacant Fed seats

Reuters
Posted at Jul 03 09:16 AM

Trump said on Twitter he intends to nominate Christopher Waller, an executive vice president at the Federal Reserve Bank of St. Louis, and Judy Shelton, the US director of the European Bank for Reconstruction and Development. Read more »

Weak economic data, tariff concerns weigh on stocks globally

David Randall, Reuters
Posted at Jul 03 08:10 AM

Global stock indices traded lower for most of the day after data showing factory activity in the euro zone shrank at a faster pace than expected last month and another report showing US manufacturing activity slowed in June. Read more »

US manufacturing hits 32-month low amid weakening demand

Douglas Gillison, Agence France-Presse
Posted at Jul 02 07:48 AM

US manufacturing activity last month fell to its lowest level in nearly three years -- well below the pace when President Donald Trump took office -- another warning sign for the world's largest economy as it marks the longest expansion on record. Read more »

Trump bashes 'stubborn child' Fed as economy shows signs of weakness

Douglas Gillison, Agence France-Presse
Posted at Jun 25 08:49 AM

The president's Twitter outburst was only his latest episode of rock throwing at policymakers who are meant to be shielded from political pressure but who have contended with his barbs since last year. Read more »

EXPLAINER: What changed for the Fed? Trade risks top the list

Reuters
Posted at Jun 20 08:28 AM

What exactly changed in 7 weeks to alter the Federal Reserve's outlook so much? Read more »

Fed likely to leave rates steady, despite market outlook, Trump demands

Howard Schneider, Reuters
Posted at Jun 19 02:08 PM

The central bank may nod to recent weaker-than-expected jobs numbers and softer inflation, and drop from its policy statement a pledge to be "patient" before changing rates - opening the door to a possible rate reduction later. Read more »

US Fed leans toward a cut; don't expect one this week

Douglas Gillison, Agence France-Presse
Posted at Jun 16 10:44 AM

As President Donald Trump's trade wars drag on, and the global economy weakens, the US Federal Reserve is inching closer to its first interest rate cut in more than a decade. Read more »

American paradox: Deficit widens even as economy grows

Virginie Montet, Agence France-Presse
Posted at Jun 16 10:41 AM

President Donald Trump likes to take credit for the US economy, with historic low unemployment and few signs of rising prices, but his promises that surging growth would pay for massive tax cuts are falling flat. Read more »

Wall Street sees Fed rate cut as a when, not an if

Jeanna Smialek, The New York Times
Posted at Jun 10 08:48 AM

The big question facing the Fed is when, not whether, to act, as far as investors are concerned. Read more »

World stocks climb, short-dated Treasury yields dip on bets for US rate cut

Caroline Valetkevitch, Reuters
Posted at Jun 06 07:56 AM

Underscoring concerns over growth was a report by US payrolls processor ADP Wednesday that showed US private employers added only 27,000 jobs in May, well below economists' expectations and the smallest monthly gain in more than nine years. Read more »