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

Fed researchers say tariffs actually lower inflation — because they’re a demand shock that slams employment and economic activity

"Instead, tariff shocks appear to act as aggregate demand shocks—moving inflation and unemployment in the same directions." ... Read More

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

Inflation is still rising, CPI likely to show — but maybe not fast enough to stop Fed rate cuts

The Federal Reserve is likely to cut interest rates next week for the second month in a row because it’s worried about the U.S. jobs market. But it can’t take its eye off rising inflation, either. In ... Read More

Dow Jones Top Markets Headlines at 5 PM ET: Inflation is still rising, CPI likely to show - but maybe not fast enough to stop Fed rate cuts | U.S.

Inflation has been creeping higher from a postpandemic low of 2.3% earlier this year due in part to the highest U.S. tariffs in decades. U.S. Stocks Rise as Trump, China's Xi to Meet Next Week Stocks ... 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 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

Fed cuts key interest rate again as growth slows and inflation stays high

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 have slowed this ... Read More

Door Open For Fed Rate Cut As Delayed U.S. Inflation Report Released

The release of today’s highly anticipated and heavily delayed U.S. inflation report shows that U.S. prices rose at the slowest pace in nearly three months. Gennadiy Goldberg, Head of U.S. Rates ... Read More

Fed lowers interest rates as it struggles to assess state of US economy without key government data

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) In ordinary times, Federal Reserve Chair Jerome Powell and voting members of the ... Read More

Lower-Than-Expected Inflation Keeps Fed On Track For October Rate Cut

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More