Economy News The Fed Isn’t Getting The Economy It Expected

Trump got what he wanted from the Fed chair. But the economy is still wobbly.

Trump lambasted Powell this week, calling him “Jerome ‘Too Late’ Powell” in a speech to Asian business leaders . Read More

Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?

The ongoing government shutdown has delayed the official third-quarter GDP report release, although real-time estimates from a pair of Federal Reserve banks suggest the economy grew. Read More

Federal Reserve faces dilemma amid expected rate cut decision

The Federal Reserve is expected to cut interest rates 25-basis-points at its meeting this week, though elevated inflation has created a dilemma for policymakers. Read More

Fed to Lower Rates as Economic Data Is Delayed

The Federal Reserve meets on Tuesday to consider lowering interest rates amid a dearth of government economic data due to the government shutdown. There was an inflation report last Friday, the ... Read More

Federal Reserve cuts key rate as government shutdown clouds economic outlook

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. Read More

A Month Without Data Muddles the Economic Picture

Tariffs and uncertainty were already making the economy hard to read. The loss of government data during the shutdown has made the situation much worse. Read More

As the shutdown drags on, here’s how it can drag down the economy

History has shown that the economy typically rebounds from a shutdown within a couple of months. But each day it drags on brings a greater risk that the economy won’t just bend, it will start to break ... Read More

Fed Governor Defends Call for Big Rate Cuts

In a wide-ranging interview, Stephen I. Miran discussed why he thinks concerns about inflation are overblown and his worries about the economy if the Federal Reserve does not rapidly lower interest ... Read More

Powell forced to stave off uprisings in markets and on his own Fed board as his term ends

Powell, a favorite target for President Donald Trump's criticism, has only seven months or so left in his term. Treasury Secretary Scott Bessent has been busy interviewing potential successors — among ... Read More

The Fed Cut Rates, But AI Still Calls the Shots

The Federal Reserve just cut interest rates by a quarter point – the second reduction this year – bringing benchmark rates to a three-year low. Markets should have cheered. Instead, they sold off. Read More

Federal Reserve likely to cut key rate Wednesday and may signal another cut to follow

WASHINGTON (AP) — The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring. Read More