Economy News Sticky Inflation Is Still High But That Is A Good Sign For The Health Of The Economy

Trump's tariffs and trade policies will improve the economy. Give him time. | Opinion

Optics are not everything when it comes to the economy, but they are something. Right now, Americans are souring on Trump's economy. Read More

Sticky inflation reading unlikely to knock Fed off course for more rate cuts

A fresh reading from the Federal Reserve's preferred inflation gauge showed prices are still sticky, but the report isn’t likely to take the central bank off its course for more rate cuts in 2025 — ... Read More

Inflation fight divides Fed as prices stay painfully high

The Fed’s decision was aimed at jump-starting a slowing economy clouded by stubborn sticky inflation and political tension. The Fed’s quarter-point cut to a 3.75%–4.00% benchmark rate makes borrowing ... Read More

Fed's Schmid: Inflation risks remain, economy still showing momentum

WASHINGTON (Reuters) -Kansas City Fed president Jeffrey Schmid said on Friday that he dissented against cutting interest rates this week out of concern that continued high inflation and signs of price ... Read More

America’s inflation is back at 3%. That’s higher than normal but not out of control

The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year. Consumer prices rose 0.3% in September, which drove the annual ... Read More

U.S. economy still vulnerable to tariff shocks, IMF says, and labor shortages tied to immigration crackdown could also sting

The U.S. economy hasn’t suffered much so far from increases in tariffs or a decline in the labor supply due to tighter immigration rules. But that might change. So says a new report from the ... Read More

Trump says inflation is ‘defeated' and the Fed has cut rates, yet prices remain too high for many

Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris' presidential campaign. Yet you wouldn't know ... Read More

What today's inflation report says about the economy — and Social Security checks

Because of the shutdown, the federal government is belatedly releasing new Consumer Price Index numbers, which the Social Security Administration needs to adjust for next year's benefits. Well, much ... Read More

This vital ingredient suggests the U.S. economy is still faring OK - with no recession brewing

Americans are still going out to eat despite rising worries about the economy. When the U.S. economy shows sign of stress, one of the first things Americans strike from their budgets are takeout ... Read More

Big Banks Credit ‘Resilient’ Economy for Profit Growth

JPMorgan Chase, Goldman Sachs, Citi and Wells Fargo reported strong earnings, mostly topping analyst expectations and showing broad growth. By Stacy Cowley Even as President Trump’s tariffs and trade ... Read More

Inflation Isn’t as Bad as Economists Thought, but Americans Still Hate It

Economists and markets breathed a sigh of relief on Friday when inflation numbers finally arrived. Inflation had ticked up, but it wasn’t the disaster many forecast earlier in the year when President ... Read More

Powell: Slowdown in U.S. hiring suggests economy still needs rate cuts

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More