Powell Signals 2020 Fed Framework Language on Chopping Block

Published on May 15, 2025

Federal Reserve Chair Jerome Powell said policymakers are weighing changes to key parts of the framework that guides their monetary policy decisions, including how they think about shortfalls in US employment and approach their inflation target.

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G17: G.17 Data for April 2025 are now available

May 15, 2025
Industrial production and capacity utilization data for April 2025 are now available.Industrial production (IP) was little changed in April as declines in manufacturing and mining output were offset by growth in utilities output. The index for manufacturing decreased 0.4 percent after increasing 0.4 percent in March. In April, manufacturing output excluding motor vehicles and parts decreased 0.3 p

JPMorgan, Apollo Executives Say US Could Dodge a Recession

May 15, 2025
JPMorgan Chase & Co.’s chief of global markets strategy said the US could dodge a recession as the probability of that scenario has decreased following better clarity over global trade.