Rich Miller

PASADENA, CA – MAY 14: Job seekers look over job opening fliers at the WorkSource exhibit, a collaborative effort by governmental agencies to offer jobs and job training resources at the Greater Los Angeles Career Expo at the Pasadena Convention Center on May 14, 2009 in Pasadena, California. Nineteen exhibitors offer job and educational opportunities as well as advice from the Board of Equalization at the event that is open to the general public. (Photo by David McNew/Getty Images)

Rising unemployment is near a key tipping point popularized by a former Fed economist that has reliably predicted past recessions

By Rich Miller and Bloomberg

Jerome Powell

Unemployment just triggered the ultra-reliable Sahm rule that predicts every recession, but its inventor hopes she’s wrong this time

By Rich Miller and Bloomberg

WASHINGTON, DC – SEPTEMBER 20: Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on September 20, 2023 at the Federal Reserve in Washington, DC. In the face of slowing inflation and strong consumer spending, the Federal Reserve announced that it will keep the interest rate steady, holding the benchmark borrowing rate to a range of 5.25% to 5.5%. (Photo by Chip Somodevilla/Getty Images)

The Fed looks set to hold interest rates steady next month, but there is ‘a very substantial risk’ it will hike them again later

By Craig Torres, Rich Miller, and others

Jerome Powell, chairman of the US Federal Reserve, during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, DC, US, on Wednesday, Sept. 20, 2023. The Federal Reserve left its benchmark interest rate unchanged while signaling borrowing costs will likely stay higher for longer after one more hike this year. Photographer: Sarah Silbiger/Bloomberg via Getty Images

Fed has low odds of achieving a soft landing because the economy is still too strong to entirely cool inflation, former central bank officials say

By Rich Miller and Bloomberg

Jerome Powell, chairman of the US Federal Reserve, walks the grounds at the Jackson Hole economic symposium in Moran, Wyoming, US, on Friday, Aug. 25, 2023. Powell said the US central bank is prepared to raise interest rates further if needed and intends to keep borrowing costs high until inflation is on a convincing path toward the Fed’s 2% target. Photographer: David Paul Morris/Bloomberg via Getty Images

Fed will start cutting interest rates in 2024 now that the ‘tightening cycle has run its course,’ economists say

By Rich Miller and Bloomberg

Technician programming human robot through tablet PC at workshop

Women will be more likely to be forced to switch occupations than men because of A.I. wave

By Rich Miller and Bloomberg

WASHINGTON, DC – MARCH 22: Chairman of the US Federal Reserve Jerome Powell speaks during a news conference following a Federal Open Market Committee (FOMC) meeting on March 22, 2023 in Washington, DC. (Photo by Chen Mengtong/China News Service/VCG via Getty Images)

Jerome Powell faces Fed dissent as many see a recession ahead and inflation remains too high

By Steve Matthews, Rich Miller, and others

Dad having fun

Americans are becoming more like their European coworkers: They’re working less and having more fun

By Rich Miller and Bloomberg

person pushing red shopping cart outside of a Target storefront

U.S. recession imminent, inevitable? Not if the Fed is able to ‘thread the needle’

By Rich Miller and Bloomberg

The Marriner S. Eccles Federal Reserve building in Washington, D.C., U.S., on Saturday, June 26, 2021. The Federal Reserve might consider an interest-rate hike from near zero as soon as late 2022 as the labor market reaches full employment and inflation is at the central bank’s goal.

For the first time, the Fed flags crypto prices as a national financial risk

By Rich Miller and Bloomberg

US Federal Reserve Chairman Jerome Powell gives a press briefing after the surprise announcement the FED will cut interest rates on March 3, 2020 in Washington DC.

Fed Chair Powell vows central bank is ‘not going to run out of ammunition’ in coronavirus fight

By Christopher Condon, Steve Matthews, and others

elizabeth warren

Richest Americans Would Have Lost Half Their Wealth Under Elizabeth Warren’s Tax Plan

By Rich Miller, Laura Davison, and others

White House - Washington, DC

Trump’s 3% Growth Feat in 2018 Undone by Annual Data Revisions

By Rich Miller and Bloomberg

Both Christopher Waller and Judy Shelton are seen as dovish picks for the Federal Reserve. (Photo by Brendan Smialowski / AFP)

Trump Taps Fed Nominees Likely To Support Lowering Interest Rates

By Josh Wingrove, Rich Miller, and others