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 U.S. economy slowed down in the first three months of 2024, report shows

The U.S. economy grew more slowly than expected in the first three months of the year. But consumers are still spending money — especially on services such as travel and restaurant meals. Read More

US Economy News Today: Economy Grows Far Slower Than Expected in the First Quarter

He's also worked at The Balance, U.S. 1, Community News Service and the Middletown Transcript. Welcome to Investopedia's economics live blog, where we explain what the day's news says about the state ... Read More

Bullard Says Three Fed Rate Cuts This Year Is ‘Base Case’

Economic data already justifies a rate cut, he added. Bullard’s outlook echoes the Fed’s messaging on monetary policy this year but contrasts with growing market expectations for fewer cuts. Read More

U.S. growth likely slowed last quarter but still pointed to solid economy

WASHINGTON — Coming off a robust end to 2023, the U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers ... expected” for inflation to ... Read More

US Economy News Today: Federal Reserve's Path Forward May Get Murkier

Welcome to Investopedia's economics live blog, where we explain what the day's news says about the state of the U.S. economy ... Fed Official Raises Doubts About Whether Rates Will Be Cut This ... Read More

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

a former top Fed official said Thursday. Powell argued in a talk on Wednesday that the reason why the U.S. economy has been stronger than expected for more than a year is that supply chains are ... Read More

Three Fed interest-rate cuts this year? Yes, top banking economists say.

Top economists at big U.S. banks predict the Federal Reserve will ... a picture of a robust U.S. economy, but one whose growth is likely to slacken off from last year’s pace. Read More

Fed’s Logan says ‘much too soon to think about cutting rates’

Dallas Federal Reserve President Lorie Logan on Friday said she’s uncertain about the general view that U.S. inflation will keep trending down this year and ... about which economy path we ... Read More

Fed’s Waller says there’s ‘no rush’ to cut U.S. interest rates

Chris Waller said high inflation readings and strong job gains in early 2024 reinforce his view that “there is no rush” to cut U.S. interest rates. The most recent economic data “tells me ... Read More

Fed’s Kugler expects inflation to slow further and result in rate cuts ‘this year’

Federal Reserve Gov. Adriana Kugler said she expects inflation to slow gradually this year and pave the way for the central bank to reduce interest rates. “If disinflation and labor-market ... Read More

Bullard says three Fed rate cuts this year is ‘base case’

Former Federal Reserve Bank of St. Louis President James Bullard said he’s expecting three interest-rate cuts this year as inflation moves toward the central bank’s target while the economy ... Read More