Economy News Fed Rate Hikes Don T Just Fight Inflation They Hurt Economy Over Long Term, Study Says

Low unemployment alone not enough to justify Fed rate hikes, Clarida says

The Federal Reserve's new approach to monetary policy means a low unemployment rate on its own doesn't warrant higher interest rates, a "robust" change meant to acknowledge the economy is different ... Read More

Fed researchers say tariffs actually lower inflation — because they’re demand shocks that slam employment and economic activity

"Instead, tariff shocks appear to act as aggregate demand shocks—moving inflation and unemployment in the same directions." ... Read More

Fed Debate Heats Up: Cut Interest Rates to Save Jobs or Hold Firm Against Inflation?

A divided Fed faces tough choices ahead of its December meeting—cut rates to support jobs or hold firm to fight stubborn inflation. Read More

Fed's Hammack sees no need to hike rates to lower inflation at this time

By Michael S. Derby NEW YORK (Reuters) -Cleveland Federal Reserve President Beth Hammack said on Thursday she does not think the U.S. central bank needs to raise interest rates to combat inflation ... Read More

Inflation fight divides Fed as prices stay painfully high

Borrowing gets cheaper, but food, rent and energy costs don’t. The Fed cut rates to 3.75%–4.00% aiming to boost a slowing economy. Officials warn inflation is “too high,” creating division over ... Read More