Economy News Fed S Confidence In Economy Mixed On Latest Inflation Data

Fed to Lower Rates as Economic Data Is Delayed

The Federal Reserve meets on Tuesday to consider lowering interest rates amid a dearth of government economic data due to the government shutdown. There was an inflation report last Friday, the ... Read More

US stock market surges today – Dow, S&P 500, Nasdaq all gaining as cooling inflation and strong corporate earnings boost Wall Street confidence

Dow hits record high as U.S. stocks soar. Investors cheered a lighter-than-expected inflation report. The Dow Jones climbed 400 points. The S&P 500 and Nasdaq also posted strong gains. Technology and ... Read More

Is the US economy really growing at 3.9%? Why are 82% of Americans living in shrinking regions - mass layoffs and imported inflation fears pushing America toward stagflation

US economy shows 3.9% GDP growth, but beneath the surface, 82% of Americans now live in shrinking regions, the highest since 2020. Data from the Federal Reserve and Rosenberg Research reveals ... Read More

Is the Fed’s Inflation Target Still 2%?

The Federal Reserve’s policymakers ought to ask why, with inflation stuck at 3%, investors have so confidently priced in at least two further interest-rate cuts starting today. Read More

Consumer confidence slumps again amid inflation concerns

Economic sentiment dipped for the third month in a row, according to a closely watched gauge on consumer confidence. Read More

Fed Cuts Rates Again but Uncertainty Grows Over What Happens Next

The decision to reduce the benchmark interest rate to a range of 3.75% to 4% was made in response to slowing job growth, but uncertainty surrounding inflation and the lack of official data due to the ... Read More

Fed's Kashkari: Economy may not be slowing as much as we think

The Fed targets 2% inflation ... "But the longer it goes on, the less confidence I have that we are reading the economy appropriately, because there's no substitute for the gold standard government ... Read More

US consumer confidence slips to six-month low; worries over job availability rising

U.S. consumer confidence eased to a six-month low in October amid worries about the availability of jobs in the near-term, offering more ammunition for the Federal Reserve to cut interest rates again ... Read More

Economic Report Shows Mixed Outlook, Inflation Worries Continue

Prices and inflation continued to grow in September as the cost of rent and some other services shrank, adding to an unclear financial outlook as the United States enters the holiday shopping season. Read More

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

Even in the best of times, the Fed has a tough time interpreting the data and deciding how best to guide the US economy. Read More

Delayed Inflation Data Paints a Complicated Picture for Trump

The report was originally scheduled to be released on October 15, but was pushed to Friday due to the ongoing government shutdown. Read More