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

Trump says inflation is "defeated", yet it's risen in three out of the last four months and is higher than it was last year. Read More

Fed's favored inflation gauge shows consumer prices remained elevated in August

The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening ... Read More

Data says inflation has fallen, so why do Americans feel like they're being pinched

Inflation is down since its peak during the pandemic, but the feeling of sticker shock still lingers. Planet Money looks into why feelings about prices diverge so much from official inflation data. Read More

Inflation held steady in August, in line with economist forecasts

The core personal consumption expenditures (PCE) price index, the Federal Reserve's preferred measure of inflation, rose slightly in August, in line with economists' expectations. Inflation yardsticks ... Read More

Fact checking Trump's recent claims about the economy

Washington — President Trump frequently touts a U.S. economy that's on the rise under his stewardship: he talks about energy and grocery prices that are falling, lower mortgage rates and claims he's ... Read More

Fed's president warns inflation is 'going the wrong way' as tariff concerns mount

On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and said it isn't clear whether tariff-induced price hikes will be a one-off or could pose a more ... Read More

Recession seems far off - that's the good news. Yet the economy is also far from trouble-free.

Customers shop at the Apple Store on Fifth Avenue in New York to buy the latest versions of the company's popular phones and other items. Enough trouble spots emerged in the U.S. economy to coax the ... Read More

Trump's approval dips as Americans worry about economy, Reuters/Ipsos poll finds

WASHINGTON (Reuters) -President Donald Trump's approval ticked slightly lower in recent weeks as Americans worried about the health of the U.S. economy and the Republican's ability to contain rising ... Read More

Fed's rate cut reveals how MAGA policies are pushing us toward stagflation | Opinion

The Federal Reserve’s 0.25% interest rate cut, announced Sept. 17, will have little economic effect by itself. The most important aspect of the move is what it tells us about tariffs and the damage ... Read More

Consumer sentiment is back to near-record lows. But Americans are still spending. Here’s why

Americans are souring on the economy again to levels seen rarely in the post-World War II era, raising the question of what it means for spending, economic growth and other key metrics gauging the ... Read More