News

Fed’s Daly Says Rates on Hold But Cuts Still Possible This Year
Federal Reserve Bank of San Francisco President Mary Daly said the US central bank may hold interest rates longer than ...
Trump's attacks on Powell threaten the Fed's independence. Here's why it matters
The developments are occurring against a backdrop of wider turmoil in the economy and financial markets, brought on by ...
Federal judge will wait to rule on an effort to block Trump’s executive order on elections
A federal judge won't yet decide on a request from Democrats and voting rights groups to block parts of President Donald ...
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Assessing the Recent Rise in Unemployment
The unemployment rate has risen over half a percentage point since the second quarter of 2023. Individual survey data ...
Trump says Federal Reserve Chair Powell’s 'termination cannot come fast enough'
WASHINGTON (AP) — President Donald Trump slammed Federal Reserve Chair Jerome Powell on Thursday, reiterating his frustration ...
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New Fed Research Warns Recent Labor Market Trends Often Precede Recessions
A new paper from the Federal Reserve Bank of San Francisco suggests that a single unemployment rate might be inadequate for ...
Drop in job-finding rate, rise in time out of work could signal recession ahead, SF Fed paper says
Behind the gradual and relatively small rise in the U.S. unemployment rate in recent years are a couple of less-closely ...