FOMC

Fed Chair Jerome Powell doesn't see signs of recession in “the star economy,” while the St. Louis Fed's Bullard warns of a sharper-than-expected slowdown.

The most telling part of Fed Chair Jerome Powell's appearance before the Joint Economic Committee was when he refused to commit to the fed funds rate staying where it is for the next year.

Economic Club of New York attendees questioned the president's claims of an economic boom as well his efforts to spur the Federal Reserve into cutting interest rates faster.

With the fed funds rate target cut to a range of 1.50% to 1.75%, the Federal Reserve may not have enough firepower to respond to the next economic shock.

Nonfarm productivity slipped, the Labor Department reported Wednesday, a day when comments from Fed presidents suggested cuts are done for now.

Nonfarm payrolls beat expectations, supporting the belief that while slowing, the employment market remains strong.

Analysts are skeptical of Fed Chair Jerome Powell's signal that policy makers will keep rates at a range of 1.50% to 1.75%.

Trade and geopolitical disruption will likely consume much of the policy narrative the rest of this week.

As expected, the Federal Open Market Committee cut the fed funds rate target 25 basis points to a range of 1.50% to 1.75%.

Consumer confidence remained high even after a dip this month, and a rate cut by the Federal Reserve could send it higher.