Economy News Rates Are Higher Because The U S Economy Is Much Stronger Than People Expected Stephanie Link

Stronger Economy Halts Fed’s December Rate Cut

Job growth and recent inflation data show the U.S. economy is stronger than expected, hiring remains healthy and inflation has ticked up. Federal Reserve Chair Jerome Powell’s resistance to sharply ... Read More

Why the U.S. Economy Has Remained Stronger Than Expected

The U.S. economy's aggregate indicators have remained quite robust despite dire warnings about tariffs and other policy changes. Read More

Consumer spending is the U.S. economy's main driver. Here's how it's doing

NPR's Ayesha Rascoe talks to Bankrate analyst Ted Rossman about consumer spending and debt, and what it tells us about the overall health of the economy. Read More

US economy saw stronger-than-expected job growth in September, but the unemployment rate rose

The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... Read More

Inflation Edges Up, but Less Than Expected, to 3% Rate

Annual inflation heated up slightly in September, but not as much as economists expected, giving the Federal Reserve a clear path for widely expected rate cuts heading into their remaining meetings ... Read More

The Fed just cut rates: Here’s what it actually means for the economy

Caroline Woods: Joining me now, Ben Emons, Founder and CIO of FedWatch Advisors. Ben, thanks so much for being here. Ben Emons: Good morning, Caroline. It's good to be on. Thank you. Caroline Woods: ... Read More

CBS News poll finds rising concern over government shutdown impact on economy, Americans personally

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... Read More

Bessent says high US interest rates may have caused housing recession

Bessent says high interest rates put housing sector into recession Federal Reserve should cut interest rates faster, Bessent says Low-end consumers hit hardest by high mortgage rates, Treasury ... Read More

How the U.S. Economy Has Defied Doomsday Predictions on Tariffs

The Federal Reserve cut interest rates for the second time this year, although Chair Jerome Powell said a third cut is ‘not a foregone conclusion.’ WSJ’s Nick Timiraos explains the central bank’s ... 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