Federal Reserve Vice Chair Philip Jefferson said he was “cautiously optimistic” about the outlook for the US economy, suggesting strong productivity growth could help return inflation to the central bank’s 2% target https://t.co/nm2JQZWJvS ...

RT Bloomberg Live (@BloombergLive)In an exclusive conversation at #BloombergInvest, FOMC voting member and @MinneapolisFed President @neelkashkari shares his perspective on the cautious path for rate cuts, the state of the US economy, and the importance of central bank independence.https://t.co/eeTrczeDUG https://t.co/ml8hprCybL ...

RT Wendy O (@CryptoWendyO)US economy is so bad crypto people can’t even get a job at McDonalds. https://t.co/m4CA87GVvw ...

US economy is so bad crypto people can’t even get a job at McDonalds. https://t.co/m4CA87GVvw ...

The US economy today looks nothing like the double-digit inflation-prone 1970s or the deflationary bust of the 1930s. True, foreign central banks have been diversifying away from the dollar for years; yet, the 10-year Treasury bond yield peaked at 5% in late 2023 and is now 4.2%. ...

JUST IN: 🇺🇸 Fed Chair Jerome Powell says the US economy is doing well despite geopolitical tensions & tariffs. https://t.co/aqHrIdJfpG ...

Economic Overview - The current state of the US economy presents a paradox where strong headline numbers such as low unemployment (4.4%) and high GDP growth (5.4%) do not fully reflect underlying issues like sticky inflation and consumer confidence [1][6][12] - A weak dollar can enhance US export competitiveness but may undermine market confidence domestically, complicating the economic landscape [1][6] Consumer Behavior - The US economy exhibits a K-shaped recovery, where the top 20% of income earners are driving consumer spending, while lower-income groups struggle with inflation [1][6] - Consumer confidence has dropped to its lowest level in over a decade, indicating a disconnect between macroeconomic indicators and consumer sentiment [1][6] Labor Market Dynamics - The labor market is experiencing structural changes, with hiring concentrated in specific sectors like healthcare and leisure, reflecting the K-shaped economy [2][6] - Young college-educated workers are facing longer job search times, potentially influenced by both AI and structural labor market changes [4][6] Federal Reserve and Monetary Policy - The Federal Reserve's cautious approach to interest rate adjustments may not adequately address the structural challenges in the labor market [2][6] - There is a growing concern that the Fed is moving too slowly in response to economic disparities affecting a significant portion of the population [1][6] AI and Future Employment - AI's impact on the labor market is expected to be gradual, with productivity gains rather than immediate job losses being the primary outcome [3][4] - The focus should be on engaging early-career individuals as they appear to be the most vulnerable to labor market shifts [4][6] Market Concentration - The US economy is characterized by concentrated job gains and wealth creation, particularly within a few tech stocks, raising concerns about vulnerability to economic shocks [6][7] - The stock market's performance is heavily reliant on a narrow set of companies, which may not reflect broader economic health [6][7]

Everyone is freaking out about the dollar's decline lately. And to be fair, it's been pretty dramatic. It's down 11% in the past year.But here's the thing, and I wrote about this in my column today. You can check it out if you look at the link in the comments. The dollar was actually a much bigger deal a year ago.No one talked about it then, but we were at some of the highest levels we've been since the 1980s. The dollar index was trading at 110. That's a big problem for exporters. That's a big problem for ...

give us your read on the US economy right now because the economic data seem to suggest that um it's holding on pretty well. It's it's it's uh solid and the labor market is also not deteriorating even as inflation seems like it's on the right path. >> Well, hi Scarlet.Yes. Uh as we used to say during my time at the Fed, the US economy is in a good place and and it is. It's been remarkably uh resilient.uh growth for 2025 will probably come in north of two uh% finishing strong. Inflation's been basically flat ...

I think that um right now we are at a decisionmaking point and very close to a recession and I'm worried about something worse than a recession if this isn't handled well. A recession is two negative quarters of GDP and whether it goes slightly there. We always have those things. We have something that's much more profound. We have a breaking down of the monetary order. we are going to change the monetary order because we cannot spend the amounts of money. So we have that problem and when we talk about the ...