Economy News Sticky Inflation In A Key Part Of The U S Economy Is The Biggest Barrier To Fed Rate Cuts

Fed cuts key rate again to support slowing economy

WASHINGTON (AP) — 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. “Job gains ... Read More

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn infla ... Read More

Fed slashes key rate despite high inflation

WASHINGTON -- 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. But Fed Chair ... Read More

Federal Reserve issues 2nd rate cut of 2025

The rate went from 4.1% to about 3.9%. The central bank had cranked its rate to roughly 5.3% in 2023 and 2024 to combat the biggest inflation spike in four decades Big picture view: The Fed stayed ... Read More

Fed cuts key interest rate as big firms lay off thousands and inflation creeps higher

The Federal Reserve on Wednesday cut its benchmark interest rate for the second time this year as it seeks to boost economic activity and rejuvenate the sluggish labor market despite concerns about ... Read More

I Asked ChatGPT What More Fed Rate Cuts Mean for the Economy — Here’s What It Said

The Federal Reserve finally lowered interest rates in September, cutting its benchmark lending rate by a quarter of a point to a new range of 4% to 4.25%. It was the first rate cut in 2025. Many ... Read More

1 Trade to Play Sticky Inflation and Powell’s Fed Rate Cut Warning Now

March U.S. Treasury note (ZNH26) futures present a selling opportunity on more price weakness. See on the daily bar chart for March U.S. Treasury note futures that prices are trending down. A minor ... Read More

Federal Reserve cuts key rate yet Powell says future reductions are not locked in

Read full article: Dense fog in spots to start, then warming up for a sunny Sunday Sunday's surface map. Read full article: Thousands of people gather in St. Augustine for Nights of Lights kick-off ... Read More

Inflation, politics and data blackout collide around Fed’s rate cut decision

The Federal Reserve is poised to cut interest rates again this week, but the environment surrounding that decision is unusually fraught for the central bank. A month-long government shutdown has ... Read More

The U.S. official who is most serious about fighting inflation is in Cleveland

The rise in consumer prices is on track to exceed the central bank’s target until 2028. Cleveland Fed President Beth Hammack is trying to get that inflation rate down. Read More