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Federal Reserve Chair Jerome Powell warned on April 29, 2026, that legal attacks threaten the independence of the US Federal Reserve's monetary policy, which could impact future interest rate decisions and the Fed's ability to manage inflation and economic growth.
On April 28, 2026, the Federal Reserve held interest rates steady as Chair Jerome Powell's term nears its end, signaling a cautious approach to current monetary policy amid economic uncertainties.
The Federal Reserve kept interest rates unchanged on April 29, 2026, but reported the highest level of dissent among policymakers since 1992, reflecting significant internal disagreement on the future economic outlook.
US housing starts surged to their highest level since December 2024, reported on April 29, 2026, indicating strong activity in the housing market and a possible boost to economic growth.
US core capital goods orders experienced their largest increase since 2020 as of April 29, 2026, signaling robust investment and economic activity.
On April 28, 2026, the US Treasury announced new sanctions targeting Iranian oil exports, potentially affecting global oil prices and energy-related economic factors in the US.
Federal Reserve Chair Jerome Powell stated on April 29, 2026, that the US economy is expanding at a solid pace despite ongoing tensions related to the Iran war, highlighting resilience amid geopolitical challenges.
The US goods trade deficit widened to $87.9 billion in March 2026, driven by a sharp increase in imports, indicating a growing trade imbalance that may impact economic policy.
A Cato Institute report published on April 29, 2026, reveals that fixing the US national debt would require $827 billion, an amount comparable to the entire US military budget, illustrating the scale of fiscal challenges.
The US recorded a historic year for clean energy investment with $79 billion invested and 1.4 million jobs created in 2026, reflecting a significant economic shift toward renewable energy sectors.