7 minute read
Calculated well before the tariff announcement, the US added a robust 228,000 jobs in March.
3 minute read
Powell rebuffed questions about the Fed's future, and his own, but his nebulous comments give the FOMC latitude.
The data did not support the large cut, but the Fed did not want to seem behind the curve.
2 minute read
The Fed’s half-point rate cut shows it still thinks the economy can avoid a recession.
The U.S. Treasury’s plan to buy back some of its securities should have many benefits.