Takeaways: If you’re confused about what’s next for the US economy, so is the Fed

The latest Fed meeting is extraordinary, not just because central bankers are finally pivoting their strategy on interest rates, but also because of the latest developments implicating the Fed’s ... Read More

Fed Meeting Today: Fed Faces a 'Challenging Situation' Powell Says

"This ongoing gap between market and Fed expectations means that some risk of upward pressure on mortgage rates remains, but for now, consumers have already benefited from the drop in mortgage rates ... Read More

Will the Fed cut rates today? See 5 economic charts that may determine its decision.

With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first time since December 2024. Read More

The Fed’s Own Economists Disagree Where the Economy Is Heading

The median forecast among the central bankers puts the fed funds rate at 3.6 percent by year-end, though projections span from 2.9 percent to 4.4 percent. Powell, asked whether the historic downward ... Read More

‘No One Should Be Very Confident’: Four Economists Dissect Trump and the Economy

Ms. Patterson is an economist who has held senior roles at JPMorgan Chase and Bridgewater Associates. Mr. Cass, Dr. Furman and Dr. Summers are economists and contributing Opinion writers. Read More

Fed Chair Jerome Powell signals path to rate cuts in Jackson Hole speech

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More