US economic activity, employment little changed in recent weeks, Fed says

U.S. economic activity and employment were mostly little changed or unchanged in recent weeks, while prices rose moderately or modestly, the Federal Reserve said on Wednesday, a mixed report that on ... Read More

What the Fed Will Announce After This Week's Meeting

As the Federal Reserve concludes its pivotal meeting, key announcements will shape economic expectations. With a likely interest rate cut and updated economic projections. Read More

Here’s the Fed’s new economic forecast. There’s one big change.

The Fed updates its U.S. economic forecast four times a year. Here are the latest numbers, with the prior estimates in parenthesis. In short: The Fed’s projects elevated inflation, stable unemployment ... Read More

FOMC expected to cut rates for first time this year; watch for changes in economic outlook

The Federal Reserve's policymakers are widely expected to cut its benchmark rate by 25 basis points to 4.00%-4.25% on Wednesday, its first cut since last December, in response to a softening labor ... Read More

Takeaways: If you’re confused about what’s next for the US economy, so is the Fed

The latest Fed meeting is extraordinary, not just because central bankers are finally pivoting their strategy on interest rates, but also because of the latest developments implicating the Fed’s ... Read More

Fed cuts rates as plunging job gains trigger alarm for economy

The Federal Reserve cut interest rates Wednesday for the first time this year as the central bank attempts to ease pressure on the weakening U.S. job market. The Federal Open Market Committee ... Read More

Will the Fed cut rates on Wednesday? See 5 economic charts that may determine its decision.

With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024. Read More

Powell faces economic crossroads in Jackson Hole speech as Fed chair tenure nears end

Federal Reserve Chair Jerome Powell will deliver a keynote address at the annual Jackson Hole event on Friday at a crucial time as the economy anticipates the central bank's next interest rate cut and ... Read More

Fed Chair Jerome Powell signals job market, inflation outlook could allow for interest rate cut

Federal Reserve Chair Jerome Powell on Friday said that the "balance of risks appears to be shifting" in the U.S. economy, as central bank policymakers weigh labor market conditions and inflation data ... Read More