Economy News Fed S Inflation Strategy Put Us Economy In A Dire Situation Vance Ginn

An unusual trend in the economy is worrying the Fed

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. 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 Waller Backs Rate Cut In December Amid Weakening Labor Market: 'Not Worried About Inflation Accelerating'

Federal Reserve Governor Christopher Waller argued for "continuing rate cuts" on Monday, stating he supports cutting the Fed’s policy rate at its next meeting in December to manage risks from a ... Read More

Fed's Barkin looks forward to more economic clarity as data flow resumes

Richmond Federal Reserve President Thomas Barkin said on Tuesday he hopes coming data and ongoing community interviews will help clarify where the economy is heading, with U.S. central bank ... Read More

Powell Wraps Up Press Conference, Notes ‘Pretty Challenging Situation’ from Conflicting Inflation and Labor Market Risks

U.S. Federal Reserve Chair Jerome Powell after the press conference following the Fed’s interest rate cut Wednesday. (Kevin Lamarque/Reuters) Jerome Powell wraps up his post-meeting press by noting ... Read More

Fed's tone suggests 'heightened concern' about economy

In a widely anticipated decision, the Federal Reserve has cut interest rates for the second time in two months. This cut lowers the federal funds rate to a target range of 3.75% to 4%. The FOMC ... Read More

Growth is slowing, and inflation is easing. More Fed rate cuts are the right response.

Inflation is on Federal Reserve Chair Jerome Powell's radar, but isn't the central bank's biggest concern right now. The slowdown in job creation since January suggests the economy is not running as ... 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 a tenth of a percentage point from the previous ... Read More