Newswatch Economics National

Newswatch National Economics Wrap-Up

June 23, 2026 12:42 AM EDT

Inflation

Australian Dollar falls near 0.7000 ahead of US PCE inflation data

June 22, 2026 12:19 PM EDT

Mitrade Global Pty Ltd

The AUD/USD pair fell near the 0.700 area on Monday, struggling to extend gains as investors remain cautious ahead of the upcoming US Personal Consumption Expenditures Price Index (PCE), the Federal Reserve’s (Fed) preferred inflation gauge.

Inflation

Will the Fed's favorite inflation gauge add to hiking worries?

June 22, 2026 11:17 AM EDT

UBS Group AG

New Federal Reserve Chair Kevin Warsh gave markets plenty to digest at his debut policy meeting, including a more hawkish tone, a more streamlined communications approach, and the promise of broader changes to how the central bank operates.

Inflation

Fed chair Kevin Warsh brings new broom, but challenges stay the same

June 21, 2026 10:13 PM EDT

The Sydney Morning Herald.

The Federal Reserve’s new chair has set up taskforces that could radically change the way the US central bank operates. But its mandate won’t change.

Inflation

Fed's favourite gauge seen showing faster inflation

June 21, 2026 08:00 PM EDT

The Star.

WASHINGTON: The latest update to the Federal Reserve's (Fed) favourite inflation gauge is unlikely to challenge a growing consensus at the United States central bank around the need for interest-rate hikes this year.

Inflation

Central banks can't afford to keep missing their inflation targets

June 19, 2026 08:55 AM EDT

the Atlantic Council

There is potentially a long-term problem central banks will need to confront as they manage the long tail of this crisis.

Inflation

US Federal Reserve holds rates steady, raises inflation expectations - Latest News

June 18, 2026 01:54 AM EDT

Hürriyet Daily News

The U.S. Federal Reserve on Wednesday held interest rates steady as expected at Kevin Warsh's first meeting in charge of the central bank, raising its year-end inflation expectations and projecting a rate hike by the end of 2026.

Inflation

US stocks fall, dollar rallies as Fed raises inflation forecast

June 18, 2026 01:40 AM EDT

Channel News Asia

NEW YORK: Wall Street stocks finished decisively lower Wednesday (Jun 17) while the dollar rallied after the Federal Reserve raised its inflation forecast and projected an interest rate hike by year-end.The US central bank, as expected,

Inflation

Fed set to hold US interest rates steady

June 17, 2026 04:45 PM EDT

Bangkok Post.

WASHINGTON - The US Federal Reserve is expected to hold interest rates steady at Kevin Warsh’s first meeting in charge of the central bank, with rate increases potentially on the horizon to combat surging inflation.

Inflation

US Fed begins Warsh era with hold on interest rates, may hike later this year

June 17, 2026 04:33 PM EDT

The South China Morning Post

The Trump appointee is taking over amid repeated demands by the US president for rate cuts even as inflation becomes a growing concern.

Inflation

Fed holds rates steady as US inflation stays elevated

June 17, 2026 02:28 PM EDT

Daily Sabah.

The U.S. Federal Reserve left its benchmark interest rate unchanged at 3.5%-3.75% on Wednesday, saying economic activity continues to expand at a solid...

Employment

Trump threatens unemployment funding cuts to states

June 18, 2026 09:56 AM EDT

spotlightpa

The missive name-checked six states run by Democratic governors, including Pennsylvania, and blamed the Biden administration for allowing “widespread fraud.”

Employment

US filings for unemployment benefits fall to 226,000 last week as layoffs remain historically low

June 18, 2026 08:45 AM EDT

Orange County Register.

The four-week moving average of jobless claims rose by 4,000 to 223,250.

Employment

The Cynicism Behind the Administration's Proposed Forced Labor Tariffs

June 16, 2026 08:50 AM EDT

Just Security

The USTR's proposed Section 301 tariffs are intended more to pressure countries to sign and implement deals than to protect labor.

Poverty

A new report shows Florida families must earn over $106,000 to afford basic needs

June 22, 2026 11:07 AM EDT

WMNF 88.5 FM.

The ALICE report shows the number of households that earn above the federal poverty level but less than the basic cost of living.

Poverty

COLUMN: The 'debate' over global poverty continues

June 20, 2026 05:32 PM EDT

The Norman Transcript.

The data have never left much question. The answer is economic growth. Nonetheless, many development economists have spent decades arguing that growth isn’t enough or as important as development aid.

Poverty

Could a bold anti-poverty experiment from the 1960s inspire a new era in housing justice?

June 20, 2026 10:05 AM EDT

The Grand Junction Daily Sentinel

The Great Society’s Model Cities Program wasn’t perfect. But it offered a vision of what democratic, community-based planning could look like.

Poverty

Black bank card program to steer cash payments to single mothers in government housing

June 19, 2026 08:58 AM EDT

WRAL-TV.

One of the few Black-owned banks in the United States is introducing a debit card aimed at helping single mothers who live in government-subsidized housing escape poverty.

Poverty

There's bipartisan support to address Pa.'s housing crisis. Will the legislature's efforts make a difference?

June 16, 2026 05:00 AM EDT

Latrobe Bulletin.

Lawmakers want to ensure the Shapiro admin is holding corporate middlemen, known as pharmacy benefit managers, accountable.

Economic Development

Is the U.S. Labor Market Cooling Faster Than Expected

June 22, 2026 03:27 PM EDT

Kavout Corporation

The US labor market is slowing significantly, with the slowest private job growth since early pandemic days. Wage growth remains high, posing a challenge for the Federal Reserve's inflation efforts.

Economic Development

Opinion | Inflation Is Now Spreading Through the US Economy

June 22, 2026 11:21 AM EDT

Mississippi Free Press

D. Brian Blank and Brandy Hadley write that inflation is no longer contained to just gas prices.

Economic Development

Alan Greenspan, US Fed 'maestro' through years of boom and bust, dies at 100

June 22, 2026 10:20 AM EDT

The Business Standard.

The era was marked by his prescient judgment that a productivity surge in the mid-1990s would keep inflation contained.

Economic Development

America Had Its Worst Non-Recession Jobs Year Since 2003

June 21, 2026 12:55 AM EDT

G/O Media Inc.

Since 2007, Jezebel has been the Internet's most treasured source for everything celebrities, sex, and politics...with teeth.

Economic Development

Real GDP growth by quarter U.S. 2026| Statista

June 19, 2026 03:48 AM EDT

Statista, Inc

The U.S. economy grew slightly in the fourth quarter of 2025.

Economic Development

Port Authority, Rep. Strong Discuss Economic Growth | June 18, 2026 | News 19 at 5:00

June 18, 2026 06:11 PM EDT

Yahoo! Inc.

The head of the Alabama Port Authority joined Rep. Dale Strong and north Alabama business leaders to discuss transportation infrastructure and new economic development opportunities.

Economic Development

FOREX-Dollar hits one-year high on Fed hike bets; Japan warns on yen | Business

June 18, 2026 03:22 PM EDT

Devdiscourse.

The US dollar index reached a one-year high after the Federal Reserve's hawkish stance led traders to increase bets on rate hikes, driven by inflation concerns and a stronger US economic growth outlook.

Economic Development

Prosperity Council Likely to Streamline State's Economic Development Agency

June 18, 2026 01:28 PM EDT

The News-Review.

The agency missed its job creation target nine out of the past 10 years. The solution: a lower target.

Economic Development

U.S. Economy Faces New Questions As Federal Reserve Holds Interest Rates Steady - The Daily Scrum News

June 18, 2026 12:24 PM EDT

The Daily Scrum News

The best daily source for news, politics, sports and more.

Economic Development

G7 Summit 2026 Highlights: Trade Data Reveals the Future of World Economic Growth

June 18, 2026 09:12 AM EDT

Trade Imex

Explore key highlights from the 52nd G7 Summit 2026 & discover how trade data, supply chain resilience, AI, energy security, & emerging markets are shaping the future of global economic growth.

Economic Development

Nevada seeks to expand mining industry with processing, manufacturing

June 17, 2026 12:56 AM EDT

KVVU Fox 5 Las Vegas.

Nevada’s Governor’s Office of Economic Development is working to expand the state’s mining industry by attracting processing and manufacturing businesses that can use minerals extracted in the state

Economic Development

South Carolina ranks 18th among US economies amid rising inflation

June 16, 2026 11:47 AM EDT

The Greenville News.

South Carolina ranks 18th among nation’s economies, according to new report, as rising inflation adds fresh strain on U.S. households and businesses.