Economy News Fed Acknowledges ‘strong’ Economy’ But Chooses To Leave Interest Rates Unchanged

I Asked ChatGPT What Will Happen To the Economy If the Fed Keeps Cutting Interest Rates: Here’s What It Said

In mid-September, the U.S. Federal Reserve voted to lower interest rates by a quarter percent, moving the federal funds rate to a target range of 4% to 4.25%. It’s been the first rate drop in nine ... Read More

The Fed cuts interest rates again as concerns grow about the job market

The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, as policymakers work to shore up the softening job market. It was the Fed's second rate cut in six weeks, ... Read More

The shutdown is complicating the Fed’s ability to help the economy

The Federal Reserve was already facing one of its most difficult battles, steering a shifting economy through a weakening labor market and stubborn inflation. The government shutdown just made that ... Read More

A divided Fed cuts interest rates again as economic concerns persist

The Federal Reserve is expected to lower interest rates Wednesday for the third time this year. Traders overwhelmingly expect a relatively small 0.25% cut, the same size as the last two cuts. Read More

The Fed just cut interest rates for the third-straight time

The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move. Read More

Fed Is Likely to Cut Rates Again as ‘Insurance’ Against a Weakening Economy

Although the government shutdown, which began Oct. 1, has robbed the Fed of official economic reports on jobs and spending, along with its favored inflation gauge, officials have pieced together a ... Read More

Fed cuts interest rates by quarter point for second time in a row, showing concern about job market

The Federal Reserve on Wednesday cut interest rates by a quarter point for the second time in a row on labor market concerns – but Chair Jerome Powell said another cut in December is “far from” ... Read More

Fed likely to cut rates again despite 'no risk-free' path for policy, analysts say

As upside inflation pressures fade and job growth weakens, the Federal Reserve appears poised to cut short-term interest rates again on Oct. 29 at the end of its two-day meeting complicated by missing ... Read More

Fed cuts rates as shutdown clouds economic dashboard

The Federal Reserve cut its interest rate target on Wednesday for the second time since President Donald Trump entered his second term, a further move toward easing monetary policy. After a two-day ... Read More

Fed cuts interest rates for 2nd time this year, but rejects large reduction sought by Trump

In recent months, inflation has picked up while hiring has slowed. The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate ... Read More