Traders Crowd Into Fed Futures Targeting a Dec. Rate Cut
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The most up-to-date report came from the Conference Board, with the consumer confidence index for November dropping sharply on concerns over high prices, tariffs and a weakening job market.
Voter approval of Trump's economic handling drops to new lows as Democrats capitalize on affordability concerns in recent elections across multiple states.
U.S. economic activity was little changed in recent weeks, though employment was weaker in about half of the Federal Reserve's 12 districts and consumer spending declined, the U.S. central bank said on Wednesday,
Donald Trump has long touted his wins on trade and the economy. But voters aren't convinced prices are coming down. What is Trump's approval rating?
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Fed governor says current economy is 'calling for large interest rate cuts' to help job market
Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher.
A bubble refers to overly inflated asset prices, implying those prices will come crashing down. It's always fair to debate valuations in the stock market, but based on Nvidia's latest earnings report, as well as those of its big tech peers, it's hard to see any weakness in the performance of the companies leading the AI charge.
Growth has been bolstered by data-center investment and stock-market wealth. A reversal could raise the risk of recession.
Consumer confidence plunged in November to lowest level since April as Americans cite inflation, tariffs, and uncertainty as weighing on sentiment, according to The Conference Board.
The economy is a key concern to American voters, with a Gallup poll showing that they overwhelmingly cited economic pressures as the key reason they voted for Trump in the November 2024 presidential election.
Reparations activist Darrick Hamilton, who argues the U.S. economy is racist, joins NYC mayor-elect Zohran Mamdani’s transition team to help shape economic and workforce development plans.
Axios on MSN
More Republicans disapprove of Trump's economy
Voters increasingly disapprove of the way President Trump is handling the economy and believe his policies are raising prices, according to a new poll from CBS News/YouGov. Why it matters: The discontent is also showing up in significant numbers among Republican voters,