Here are 3 ways the Fed messed up since 2021 and how it's impacting the economy, according to UBS

The Federal Reserve has made three big mistakes since ... in 2021, according to UBS. The Fed's policy errors have led to a loss of credibility with investors and will impact the broader economy ... Read More

Three ways the Fed 'messed up' - UBS

UBS Chief Economist Paul Donovan - no fan of Fed Chairman Jay Powell - is withering in his assessment. "Looking back, there are three ways the Fed messed up since 2021," Donovan wrote. Read More

Interest Rate Cuts Are Coming, But Not at the Next Fed Meeting. Here’s What That Means

Savings rates are likely to drop as soon as the Fed signals it will cut interest rates. Although banks have lowered their savings rates from the record highs of last year, you can still lock in annual ... Read More

US Economy News Today: Consumer Sentiment at Lowest Point Since Last Year

Today, inflation cooled and we look ahead to what that means for the Federal Reserve's upcoming meeting. 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

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

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 one-tenth of a percentage point from the ... Read More

The US Economy Is Slowing, Which Is Just Fine With the Fed

Having boomed its way through 2023, the US economy is coming back to earth. Companies are hiring fewer workers. Consumers are spending less. The housing market is all but paralyzed by the highest ... Read More

Wall Street analyst unveils startling prediction about the economy

GDP growth registered 1.3 ... Fed can cut interest rates to keep the economy afloat. Interest-rate futures indicate a 64% possibility that the Fed will lower rates by September, according to CME's ... Read More

Global economy finds new ways to keep growing

When economists at UBS last tracked 320 monthly data series from 28 economies for April, they found that the global economy was growing at an annual rate of 3 ... according to Fitch economists ... Read More

The many ways new weight loss drugs could transform the economy

Their popularity, and their price, are having effects throughout the economy. PBS News Hour special correspondent ... About one in eight U.S. adults has now taken these meds. Read More

Employers Add 206K Jobs in June, Slightly Better Than Forecast

The unemployment rate nudged up to 4.1% from ... around 3% currently, they are well above the Fed’s target and also have risen about 20% cumulatively since 2021. Although inflation has been ... Read More