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Sung Won Sohn
October 19, 2019
California unemployment rate falls to record low of 4%
California's economy kept humming in September, dropping the unemployment rate to a record low 4% statewide and under 2% in ...
September 16, 2019
With Trump trade war a threat, Fed is set to cut rates again
For a second straight time, the Federal Reserve is set to cut interest rates this week to try to protect the economy from the ...
August 28, 2019
Ex-Fed official says central bank should stop enabling Trump
A former top Federal Reserve official suggested Tuesday that the Fed should avoid responding to the effects of President ...
August 23, 2019
The Latest: Some see signal in Powell speech of rate cuts
The Latest on the gathering of central bankers in Jackson Hole, Wyoming (all times local): 12 noon. Some economists saw ...
August 23, 2019
The Latest: Trump attacks Powell Fed after chairman's speech
The Latest on the gathering of central bankers in Jackson Hole, Wyoming (all times local): 11 a.m. Reacting to Federal ...
July 26, 2019
US economy slowed to 2.1% growth rate in second quarter
The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic ...
July 10, 2019
Powell's message to Congress: Rate cut is likely coming soon
Pointing to a weaker global economy, rising trade tensions and chronically low inflation, Chairman Jerome Powell signaled ...
July 03, 2019
Trump says he will tap economists for 2 key Fed vacancies
President Donald Trump, who has criticized the Federal Reserve for not cutting interest rates, said Tuesday that he intends ...
June 17, 2019
Fed likely to leave rates alone but signal readiness to cut
Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut interest ...
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