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The yield curve could invert later this year, but unless it's prolonged, it may not signal a recession.

The unrestricted cash balance was nearly unchanged from the end of fiscal 2017.

The yield curve and other market signals give better clues about the economy in the current environment.

The New York mayor says he will seek federal funding for the $2.7 billion project.

The Senate approved Richard Clarida as vice chairman of the Federal Reserve on Tuesday, while two other central bank nominees still await a vote.

At the moment, gradual rate hikes remain appropriate, given no signs that inflation will accelerate beyond 2%, despite broad risk factors.

Federal Reserve Bank of St. Louis President James Bullard said the Fed should heed the signals from the bond market.

President Donald Trump said he expected Jerome Powell to be a cheap-money Fed chairman.

As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy.

With the state's stagnant economy as a backdrop, Democrat Ned Lamont will face Republican Bob Stefanowski.