John Carney - Page 2

Can we have a recession if layoffs remain low?

Absent some economic catastrophe, there’s almost no chance of an emergency rate cut in August.

What recession?

While we cannot say for sure that the death of the soft-landing and the market sell-off was caused by Kamala Harris, surely anyone investigating the matter should consider the vice president a person of interest.

The global stock market panic hit stocks in the U.S. Monday morning.

It looks like the market is finally going to get what it has wanted for over a year—a rate cut from the Federal Reserve.

The

The manufacturing sector is actually in a serious slump deep enough that it threatens the labor market, the construction sector, and growth in the broader economy.

An unexpected plunge in construction spending indicates the economy may be slowing more rapidly than thought.

There were big jumps in claims in Michigan and Texas.

Donald Trump on Wednesday threw a monkey-wrench into the plans of Democrats to claim he wants to cut Social Security when he proposed ending federal taxes on the benefits of retirees.

The Fed said it still needs greater confidence that inflation will return to target before it will cut rates.

Weakness emerging in the jobs market just 99 days ahead of election day.

Kamala Harris has entered the presidential race burdened by her deep ties to the widely disliked Biden economy.

The labor market is not as tight as it has been over the past two years but it remains historically tight.

Republicans are feeling better about the future as polls show Trump-Vance are favored to win in November.

Will Fed officials stick by their forecast of a single rate cut this year or capitulate to financial markets that are pricing in multiple cuts this year?

High prices and a Gaza-related boycott hurt sales in the quarter.

Kamala Harris should be very worried about consumer sentiment. Unless she can inspire a sharp increase in economic confidence, she is likely to lose the presidential election in November.

Spending and income are solid and inflation is still above target, calling into question the arguments for an urgent rate cut.

US consumer sentiment dropped in July to its lowest level in eight months as persistent high prices and stubbornly high inflation continued to erode confidence in personal finances. According to the University of Michigan, the final July sentiment index fell

Economic growth picked up more than expected in the spring, not only undermining the case for rate cuts but also raising the possibility that the Federal Reserve still has not done enough to cool the economy off to bring inflation down to its two percent target.

The stronger-than-expected growth indicates that the economy has continued to expand despite high interest rates, calling into question the need for a rate cut from the Federal Reserve in the near term.

The resurgence of claims that Donald Trump’s proposal for a 10 percent across-the-board tariff amounts to a tax on the American middle class calls for a deeper dive into why these assertions miss the mark.

Democrats hope voters will forget the critical role Kamala Harris played in passing the legislation that fueled the worst price increases in four decades.

Kamala Harris has been a fervent supporter of Joe Biden’s unpopular economic policies, which makes it hard to convince Americans that things will change if they vote for her.

The fourth consecutive monthly decline as home affordability continues to be a major problem.

The announcement that President Biden has halted his campaign to seek a second term puts pressure on the Federal Reserve to hold off on interest rate hikes until after the election.

What is it going to take to move the market off its conviction that the Federal Reserve will cut interest rates in September?

Trump’s record on manufacturing jobs far outshines the Biden-Harris record.

In an act of political expediency veiled as economic policy, the Biden administration this week announced its support for national rent control.

The indexes for new orders, employment, and shipments all turned positive in July.

The labor market has cooled in recent months.

President Joe Biden on Tuesday unveiled a national rent control scheme capping annual rent increases at $55.

Summer heat boosted utility production but factory output remains sluggish.

High interest rates are still weighing down building in the single-family home market.