CNBC Economy

Wall Street is increasingly expecting the Fed to use more firepower next week and take interest rates back to the zero bound.

Mnuchin spoke Friday to CNBC's "Squawk on the Street" program.

As the coronavirus spreads around the country, small business owners are beginning to feel early impacts such as supply-chain problems and lost sales.

"They know nothing. We know more than they do, and that's not acceptable either," CNBC's Jim Cramer said.

The number of Americans filing new claims for unemployment insurance fell last week for a second straight week, an indication that the coronavirus had not yet hit the labor market in a major way.

The report came on the heels of data on Wednesday showing a surprise rise in consumer prices in February and steady increase in underlying inflation.

Blinder said the cause of the current downturn is "fear of shopping" and being in public places where the COVID-19 strain can be spread.

U.S. consumer prices increased slightly last month, driven higher by more expensive food.

The escalating coronavirus outbreak is giving the U.S. Federal Reserve a policy headache like never before: how to judge the potential impact on the economy in the absence of reliable data on how fast the flu-like illness is spreading across the U.S.

Investors should avoid getting too bearish after Monday's global market rout, according to Patrick Armstrong, chief investment officer of Plurimi Investment Managers.

A range of banks and financial institutions have offered their worst-case scenarios for 2020, as the spread of the new coronavirus impacts the global economy and roils financial markets.

The New York Federal Reserve said Monday it will increase the amount of money it is offering to banks for their short-term funding needs

Bank of America created a list of possible recession triggers to monitor the state of the markets and the economy.

The Labor Department reported Friday that the U.S. economy added 273,000 new jobs during the month, while the unemployment rate was 3.5%.

Larry Kudlow, director of the National Economic Council, discussed the coronavirus outbreak Friday on CNBC's "Squawk on the Street."

Larry Kudlow told CNBC on Friday that he doesn't want to "panic on policy measures" designed to combat the new coronavirus.

The U.S. trade deficit narrowed more than expected in January as imports declined, and further decreases are likely as the coronavirus outbreak disrupts the flow of goods and services.

The U.S. Federal Reserve lowered its benchmark rate by 50 basis points this week — and investors are expecting more.

In the central bank's periodic report from its member districts, officials reported activity growing at a "modest to moderate pace."

"When I say panicked, it doesn't mean it's not justified," DoubleLine Capital CEO Jeffrey Gundlach said about the Fed's surprise cut this week.