Recession fears for 2025 are fading fast, with market models and economist forecasts signaling a slim chance of economic contraction. But with optimism running high, could markets be misreading the risks? According to the New York Fed's recession model, there is a 29% probability that the U.S. will enter a recession by the end of 2025. This is a dramatic...

08:39 AM EST, 01/09/2025 (MT Newswires) -- The Philadelphia Federal Reserve's December manufacturing index was revised up to a reading of minus 10.9 from the minus 16.4 reading previously reported and followed a revised minus 4.4 reading in November, annual revisions released Thursday showed. The January Philadelphia Fed manufacturing index is scheduled to be released on Jan. 16. ...

NEW YORK (Reuters) - Federal Reserve Bank of Boston President Susan Collins said Thursday that significant uncertainty over the outlook calls for the central bank moving forward cautiously with future rate cuts. With an economy that is in a good place overall and policy already closer to a more neutral stance, I view the current nature of uncertainty as calling...

NEW YORK (Reuters) - Philadelphia Federal Reserve President Patrick Harker said on Thursday he still expects the U.S. central bank to cut interest rates but added that the policy path is clouded by considerable economic uncertainty. I still see us on a downward policy rate path, Harker said in the text of a speech to be given to the National...