Fed Sees Modest To Moderate US Growth; Optimism Waning

Most regions of the United States continue to see modest to moderate growth, but optimism about the economic outlook has waned, partly due to concerns over government policies, the Federal Reserve said Wednesday. Labor shortages, especially for skilled workers, are forcing companies to offer more generous and flexible conditions, but so far that has not … Read more

US Businesses Raise Concerns Over Trump Policies

Businesses in some parts of the country, while generally upbeat, are concerned about the uncertainty surrounding the impending policies of US President Donald Trump, the Federal Reserve said Wednesday. The Fed’s survey of the economy also showed that labor markets continue to tighten across the country, with many regions finding it harder to fill positions, … Read more

Trump Rally Gives Way To Caution As Yellen Testimony Looms

Stocks flatlined and the dollar dipped on Tuesday as caution set in before testimony from Federal Reserve chief Janet Yellen that may offer clues to the timing of the next U. S. interest rate rise. Adding to pressure on the dollar was the resignation of President Donald Trump’s national security adviser Michael Flynn, who quit … Read more