Federal Open Market Committee
March Rate Cut Unlikely as Labor Market Stabilizes, Wells Fargo Sees 2 More Cuts in 2026
Solid consumer spending, 70K average monthly payroll growth and core PCE easing to 2.6 percent by Q4 shape updated U.S. outlook After a...
Tax Refunds Set to Surge 18% in 2026 Filing Season as Retroactive Cuts Take Effect
American taxpayers can expect substantially larger refunds this filing season as retroactive tax provisions from last year’s One Big Beautiful Bill Act finally...
Labor Market Treads Water as Job Growth Stalls in Final Month of 2025
December payrolls rose just 50,000 while unemployment edged down to 4.4 percent, leaving Fed likely on hold for January meeting The U.S. labor...
U.S. Job Openings Rise to 7.67MM While Worker Confidence Slips
September JOLTS shows 1.01 openings-to-unemployed ratio as October quits fall to 1.8 percent The U.S. labor market is sending conflicting signals about its...
November Inflation Data Raises Questions Amid Government Shutdown Disruptions: CPI Falls to 2.7%
Data collection issues follow longest government shutdown, casting doubt on sharp slowdown to multi-year lows The latest consumer price data presents an unusual...
Shutdown-Delayed Jobs Data Predicted to Reveal Federal Layoffs and Rising Unemployment
Shutdown-delayed October data and a November unemployment rate near 4.5 percent could put “maximum employment” at risk As Washington’s budget battles continue to...
U.S. Economy Positioned for Steadier Growth as Policy Uncertainty Recedes
Wells Fargo forecasts 2.3 percent GDP expansion in 2026 as fiscal stimulus, monetary easing and stabilized trade framework replace year of escalating tariffs...
Fed Delivers Quarter-Point Interest Rate Cut as Possible Further Reduction Hangs in the Balance
With inflation still above target and job growth soft, the FOMC signals a higher bar for another cut while announcing an early end...
Federal Reserve Faces Murkier Path as September Inflation Data Offers Mixed Signals
Core CPI rises 0.23 percent while government shutdown threatens October data release The Federal Reserve’s approach to interest rates just became more complicated....
Wells Fargo: U.S. Growth Forecast Lifts to 2% for 2025 as Consumers Keep Spending Through Uncertainty
Economists upgrade outlook despite labor market fragility and inflation hovering near 3% Economic forecasters are adjusting their expectations for the American economy as...
Labor Market Holds Steady in June Despite Dip in Job Openings and Sluggish Hiring
The U.S. labor market continued to display signs of equilibrium in June, even as job openings declined and hiring slowed further, according to...
U.S. Growth Revised Up for 2025, But Tariff Uncertainty Threatens Second-Half Slowdown
Economic growth in the United States is showing surprising resilience in the first half of 2025, according to the latest outlook from Wells...
