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

Mixed Economic Signals Stoke Divisions at Fed, Minutes Show

A few officials appeared reluctant to support the central bank’s interest rate cut last month, underscoring the tough task ahead for Chair Jerome H. Powell to forge a consensus. Read More

Federal Reserve officials remain cautious on future rate cuts

Minutes from September Fed meeting reveal a divide between members who support additional rate cuts and those worried about inflation. Read More

Powell: Fed has ‘no risk-free path’ as unemployment, inflation rise

Federal Reserve Chair Jerome Powell warned Tuesday that the U.S. economy faces serious threats regardless of the approach the central bank takes to bringing down interest rates. In a Tuesday ... Read More

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

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy. Read More

Is the Fed Too Confident About Inflation? Some Economists Think So.

The central bank confronts “no risk-free path” in balancing the risks of a sharp slowdown in the labor market and resurgent price pressures. Read More

Fed Minutes Cautiously Hint at More Rate Cuts. The Path Ahead Is Anything But Clear.

The minutes cover the Fed’s Sept. 16-17 policy meeting, where officials lowered rates by a quarter percentage point and signaled two more cuts by year-end. Read More

Fed's Bostic Says Inflation Risks Still Present in US Economy

(Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic said Tuesday inflation risks are still in play in the U.S. economy, although he noted that thus far President Donald Trump's import ... Read More

Federal Reserve cuts interest rates for the first time this year

The Federal Reserve announced a highly anticipated interest rate cut Wednesday, a move indicating that concerns about a slowing labor market now outweigh ongoing worries about inflation. It's the ... Read More

Why Friday's Inflation Report Is A Big Deal After This Week's Economic News

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More

The Fed Rolls Back Recession Risk

Whatever probability you put on recession a few weeks ago, it should be lower now that the Federal Reserve has cut interest rates. The cut was just a quarter percentage point, to a range of 4% to 4.25 ... Read More

'The economy's breaking': Economists say Fed cut interest rate to manage 'risk' of Trump

After the Federal Reserve announced a slight reduction in the interest rate, several prominent economists observed that the nation's central bank was making noticeable moves in direct response to ... Read More