Economy News Fed Minutes Show Inflation Risk Still Too High, But Economy To Avoid Recession

Inflation fight divides Fed as prices stay painfully high

The Fed’s decision was aimed at jump-starting a slowing economy clouded by stubborn sticky inflation and political tension. The Fed’s quarter-point cut to a 3.75%–4.00% benchmark rate makes borrowing ... Read More

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn ... Read More

Fed's Schmid: Inflation risks remain, economy still showing momentum

By Howard Schneider WASHINGTON (Reuters) -Kansas City Fed president Jeffrey Schmid said on Friday that he dissented against cutting interest rates this week out of concern that continued high ... Read More

Fed Official Warns On Overtightening Risk

The post Fed Official Warns On Overtightening Risk appeared first on Considerable. Read More

Trump says inflation is ‘defeated' and the Fed has cut rates, yet prices remain too high for many

Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris' presidential campaign. Yet you wouldn't know ... Read More

Federal Reserve officials divided on economic outlook and interest rate path

Federal Reserve officials were divided on whether to support the first interest rate cut of the year during their September meeting despite concerns about the strength of the job market, highlighting ... Read More