Economy News Inflation Recession How Fed Rate Hikes And Economy S Outlook Compares With Soft Landings Of Past

A Fed rate cut next month seemed doubtful. Here’s why it’s now likely to happen.

Despite dramatic differences among Fed officials, opinions are coalescing behind a third interest-rate cut in succession. Read More

Economists see slightly faster US growth, sticky inflation in 2026

U.S. economic growth will increase slightly next year but employment gains will remain sluggish and the Federal Reserve will slow any further rate cuts, economists polled by the National Association ... Read More

Uncertainties over economy threaten Federal Reserve interest rate cut

A December rate cut is far from certain as inflation continues to run above the Fed's target. At the same time, risks to the US job market remain. View on euronews ... Read More

Fed Vice Chair Says Economic Trade-Offs Justify Lowering Rates Slowly

Philip Jefferson offered a case study in the central bank’s predicament Monday, acknowledging the risk of stubborn inflation and weaker employment conditions—dueling threats that call for opposing ... Read More

Fed's Hammack sees no need to hike rates to lower inflation at this time

Cleveland Federal Reserve President Beth Hammack said on Thursday she does not think the U.S. central bank needs to raise interest rates to combat inflation pressures she considers too high, while ... Read More

Inflation dropped slightly to 2.5% in June in Fed’s preferred gauge

Inflation cooled to 2.5% for the year ending in June in the index favored by the Federal Reserve, the Bureau of Economic Analysis reported Friday, down a tenth of a percentage point from the previous ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More

Fed Is Likely to Cut Rates Again as ‘Insurance’ Against a Weakening Economy

With the job market cooling and inflation still about a percentage point above the central bank’s 2% target, Fed officials have sought to balance both sides of their dual mandate by moving cautiously ... Read More

Economy growing at ‘moderate pace,’ Fed says, but weaker labor market justifies rate cut

The Fed on Wednesday said the economy "has been expanding at a moderate pace," but it also contended that the risks of rising unemployment and "uncertainty about the economic outlook" necessitated a ... Read More

What Happens After the U.S. Economy’s Soft Landing?

The U.S. economy has defied the doomsayers once again. More than a year has passed since a recession was seen as a foregone conclusion and a “soft landing” pronounced near impossible. But today, the ... Read More

Americans plan to spend big this holiday season even as they fret about the economy, Visa finds

Americans are expected to open their wallets this holiday season, increasing their gift budgets even as a slowing job market and stubborn inflation weigh on consumer confidence, according to a new ... Read More