Economy News Us Economy Today One Fed Official Says Soft Landing Is In Sight

An unusual trend in the economy is worrying the Fed

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. Read More

December Rate Cut Seems Likelier After One Fed Official's Comments

Key Takeaways A key Federal Reserve official indicated he was open to lowering the central bank's key interest rate at the Fed's next meeting in December.Odds of a rate cut jumped significantly after ... Read More

Fed official forecasts huge economic shift coming soon

A growing number of Fed officials have been warning that inflation remains “too high” and could derail progress toward the central bank’s 2% goal. And the government shutdown means the Fed will be ... Read More

Gold gains on soft US economic data; traders weigh Fed rate-cut chances

By Pablo Sinha (Reuters) -Gold prices rose from a one-week low on Tuesday, supported by soft U.S. employment numbers, while investors assessed the likelihood of a Federal Reserve interest rate cut in ... 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 ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

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

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

The unprecedented government shutdown will weigh on a US economy already under stress

The six-week government shutdown that came to an end late Wednesday will be another drag on an economy already facing many challenges, though the full impact will take months to measure ... Read More