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

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. 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

Federal Reserve likely to cut key interest rate: What to know

The Federal Reserve will almost certainly cut its key interest rate on Wednesday. This would be the second cut of the year, and a third has been projected for December as well. But the shutdown has ... Read More

The Fed is divided over cutting interest rates. Here's why that matters

If the Fed holds interest rates steady as a means of protecting against tariff-induced inflation, it risks a deeper slowdown of the labor market. On the other hand, if the Fed lowers rates to ... Read More

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

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

The slowdown in job creation since January suggests the economy is not running as hot as growth estimates imply. Prior to the U.S. government shutdown, the divergence between resilient growth and a ... 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 struggles to assess state of US economy as government shutdown shuts off key data

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Jason Reed, University of Notre Dame (THE CONVERSATION) When it comes to setting ... 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

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

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