Interest rate cuts might come too late to save an economy that is dangerously close to slipping into recession, according to Morgan Stanley economists.
Author: Jeff Cox, CNBC
Job creation has another rough month in June, just 102,000 new positions
Job creation looks to have had another rough month, with private companies adding 102,000 new positions, according to ADP and Moody’s Analytics.
The White House wants lower interest rates. But the Fed says it won’t bend to pressure
Federal Reserve Chairman Jerome Powell stressed the central bank’s independence in a speech Tuesday.