US Economy News Today: Fed's Preferred Inflation Measure Shows Stubborn Inflation Increasing

Today, the Federal Reserve's preferred measure of inflation showed inflation remained stubbornly high, with the annual tally up from last month. Read More

The US economy is cooling off. Why experts say there's no need to worry yet

The economy slowed dramatically to start 2024. The U.S. economy slowed dramatically at the outset of 2024, though it continued to grow at a solid pace. The finding, released in a Commerce Department ... Read More

JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario

JPMorgan CEO Jamie Dimon says he’s hopeful the Federal Reserve can bring down inflation without causing a recession but wouldn’t rule out more troubling possibilities, such as stagflation ... Read More

US Economy News Today: Fed Officials' Last Comments Before Meeting Paint Murky Picture

She is the Economics Editor for news at Investopedia. Welcome to Investopedia's economics live blog, where we explain what the day's news says ... the Fed's next meeting at the end of the month. When ... Read More

Confounding US economic, inflation data cloud Fed's rate path

The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or trigger a recession with ... Read More

The Fed could cut rates 5 times in 2025 with the US economy bound to slow, chief economist says

That's because the economy is bound to slow, Gruenwald said, despite the US seeing a boom in ... If the labor market "tanks" and unemployment soars higher, the Fed could end up cutting rates ... Read More

A Strong Economy Doesn’t Necessarily Make the Fed’s Job Harder

Contrary to what commentators such as former Treasury Secretary Larry Summers might say, this strong economy does not complicate the US Federal Reserve ... along with low unemployment and strong ... Read More

When Will Fed Cut Rates? as US Economy Flexes Its Muscles, Maybe Later or Not at All

When Will Fed Cut Rates? as US Economy Flexes Its Muscles, Maybe Later or Not at All WASHINGTON (AP) — Ever since the Federal Reserve signaled last fall ... growth. Despite the Fed's aggressive ... Read More

Yellen Says US Economy Strong, All Options Open on China's Overcapacity

U.S. Trade Representative Katherine Tai also told senators that the U.S. needed to take "early action, decisive action" to protect the fledgling American EV sector from Chinese imports. U.S. tariffs ... Read More

Powell misreads what’s powering U.S. economy, former Fed official says

Federal Reserve Chairman Jerome Powell is misreading a source of strength for the U.S. economy ... the short-term view of Fed policy. The central bank’s projection of three rate cuts this ... Read More

When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all

WASHINGTON (AP) — Ever since the Federal Reserve signaled last fall that it ... suggested that the economy is extending an unexpected run of healthy growth. Despite the Fed's aggressive streak ... Read More