The Federal Open Market Committee, led by Chairman Jerome Powell, has reduced the benchmark interest rate by 25 basis points to 3.75-4.00 percent. This move aims to bolster the US economy amidst tariff adjustments and assess the impact of the ongoing government shutdown.

Significant downward revisions to monthly payroll estimates in August led many market observers to anticipate the Federal Reserve would begin cutting interest rate cuts more aggressively. However, recent economic data has generally

The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the International Monetary Fund said Tuesday,

The U.S. economy is expected to see continued growth, although at a lower level than in recent years at 1.8%. But it could be buoyed by continued investments in artificial intelligence and the corresponding energy infrastructure supplying it,

Locally, the Johnson County Economic Outlook Breakfast has been a signature event for Aspire Johnson County. Aspire created it in 2021, bringing in Powell to take part the following year and joining the Futurecast tour in 2023.

Volkswagen AG’s Audi Group walked back its financial targets for the year because of “intense” competition and economic challenges including tariffs in the US.

"Today, the Bank lowered the policy interest rate a further 25 basis points, bringing it to 2¼%. This was our second straight cut, and reflects ongoing weakness in the economy and contained inflationary pressures. "Today we also published our outlook for the Canadian economy.

The Fed cut rates as expected by 25bp and also announced the end of its balance sheet reduction, also as expected.