Economy News Blame The Fed’s Inflation Fighting For Why Americans Are Miserable About The Economy, According To Larry Summers And A Bunch Of Other Top Economists

Trump denies inflation is hurting Americans. It’s the same mistake that haunted Biden

We have no inflation,” President Donald Trump said in his “60 Minutes” interview Sunday evening. “Our groceries are down.” ... Read More

Most Americans say country is on the wrong track, blame Trump for inflation: Poll

Two-thirds of Americans say that the country is "pretty seriously off on the wrong track," while just under a third say the country is moving in the right direction, according to an ABC ... Read More

Economists expect faster growth, but weaker job gains, through 2025

The U.S. economy could be on the upswing even if tariffs and stubborn inflation continue to weigh on growth, according to a new analysis. The National Association for Business Economics (NABE) said ... Read More

Fed Cuts Rates Again As Inflation Stays High, Trump's Tariffs Strain Economy

The Federal Reserve has cut interest rates for the second time in six weeks as inflation remains high and the US labor market shows more signs of strain. The Fed announced the approval of a ... Read More

Is the Fed Too Confident About Inflation? Some Economists Think So.

The central bank confronts “no risk-free path” in balancing the risks of a sharp slowdown in the labor market and resurgent price pressures. By Colby Smith Colby Smith covers the Federal Reserve. Read More

High inflation and lack of jobs leave Americans frustrated with the economy

High prices are a source of big frustration for Americans. The numbers: Americans have soured on the prospect of finding new jobs, a new survey shows. And they're still frustrated by persistent ... 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

Trump says inflation is ‘defeated' and the Fed has cut rates, yet prices remain too high for many

Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris' presidential campaign. Yet you wouldn't know ... Read More