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

December interest rate cut was a close call for some Fed officials, minutes show

Some Federal Reserve officials who supported cutting a key interest rate earlier this month could have instead backed keeping the rate unchanged, minutes released Tuesday show, underscoring the ... Read More

Deep Divide Inside Fed Raises Questions About Timing of Further Rate Cuts

Officials at the central bank have splintered over whether rising unemployment or elevated inflation poses the bigger economic risk. Read More

Trump suddenly sounds a lot like Biden on the economy

President Donald Trump never misses an opportunity to criticize his predecessor about the economy, alleging former President Joe Biden caused an inflation crisis. But some of Trump’s economic ... Read More

Fed rate cuts and mortgage interest rates: What buyers can expect in 2026, according to experts

"Mortgage interest rates went down before the Fed cut rates in September but went up after," says Ali Wolf, chief economist at NewHomeSource. "This is because the Fed is cutting the federal funds rate ... Read More

The Fed admits it can’t easily fix an economic problem it helped create

Low-income Americans have missed out on the wealth effects that have benefited the highest earners. The Fed, which has played a role in what economists refer to as the K-shaped economy, can’t easily ... Read More

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Federal Reserve governor Stephen Miran said the U.S. economy is "calling for large interest rate cuts" and warned that current monetary policy is "holding the economy back" by keeping borrowing costs ... Read More

Is the Federal Reserve likely to cut interest rates in December? Here's what economists say.

Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ... Read More

Federal Reserve cuts key rate, sees healthier economy next year

WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. The ... Read More

Fed's Goolsbee says rates ‘could come down’ if economy stays on ‘golden path’

The Fed's Austan Goolsbee signaled more rate cuts are possible if inflation trends continue improving, calling November's CPI data encouraging for policymakers. Read More

Cooling Inflation Could Pave The Way For Fed Rate Cuts

The sudden drop of inflation in November could clear the decks for the Federal Reserve to cut interest rates to help boost the faltering job market. But the outlook is complicated by the government ... Read More

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

Trump Vs The Fed: A 2026 Rate War Could Shake The Economy

This week’s Federal Reserve meeting arrives with more on the line than a routine policy update. The Trump administration has already signaled dissatisfaction with the current monetary trajectory and ... Read More