Even September may be too late for a rate cut to swing the U.S. economy out of a recession, warns former Fed president

"Although it might already be too late to fend off a recession by cutting rates, dawdling now unnecessarily increases the risk." ... Read More

Fed's preferred inflation gauge cools, adding to likelihood of a September rate cut

The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates ... Read More

Fed gets good news on inflation, seen cut rates in September

U.S. Federal Reserve policymakers on Friday got fresh evidence of progress on inflation, fueling expectations they will use their meeting next week to signal they could start cutting borrowing costs ... Read More

US economy expanded 2.8%, Fed on track to finally cut rates

GDP received a boost from consumer spending and business investment. The housing market recovery, however, regressed and was a small drag on the economy. Read More

Interest Hikes, Inflation, and Stagflation: Watch the Fed in 2023

Inflation has raged over the past ... [the Fed’s 2% inflation target] still a distant accomplishment,” she said. Some experts say that the economic slowdown triggered by the Fed rate hikes ... Read More

Fed’s preferred inflation measure eases to 2.5% in June, opening door for rate reduction

Most economists predict monetary body will stand pat on rates at next week’s meeting but assess a reduction in September ... Read More

US economic growth increased last quarter to a healthy 2.8% annual rate

The American economy, boosted by healthy consumer spending, is believed to have regained some momentum this spring after having begun 2024 at a sluggish pace. Read More

US economy regains speed in second quarter; price pressures easing

The U.S. economy grew faster than expected in the second quarter amid solid gains in consumer spending and business investment, but inflation pressures subsided, leaving intact expectations of a ... Read More

US economic growth seen picking up in second quarter, inflation subsiding

U.S. economic growth likely picked up in the second quarter, spurred by solid consumer spending and inventory building, but the pace of expansion should still leave expectations of a September ... Read More

When Will the Fed Start Cutting Interest Rates?

In our latest Economic Outlook ... Fed’s goal of reducing inflation. Yet, the US economy proved more resilient to the impact of higher rates than expected in 2023. Widespread fears of a ... Read More

A hard-landing recession is guaranteed as the full impact of Fed rate hikes have yet to hit the economy, Morgan Stanley's chief economist says

A hard-landing recession ... of Fed rate hikes. Fed officials raised interest rates a whopping 525 basis points in 18 months to tame inflation, a move that's taken borrowing costs in the economy ... Read More