Fed official reveals why America's economy remains 'really healthy' despite holding off on rate cuts

Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the U.S. economy is "really healthy." ... Read More

Explainer: Why Trump's push for a 1% Fed policy rate could spell trouble for US economy

U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing costs, allowing the administration to finance the high and rising ... Read More

Why Isn't the Fed Cutting Interest Rates? What To Know

The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers. Read More

The Economy Has Been Resilient. The New Round of Tariffs May Hit Harder.

The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long feared. Read More

Fed Minutes Show Diverse Views on Tariffs and Inflation

While generally saying the labor market remains solid and inflation elevated but showing progress toward the Fed’s 2% annual target, the minutes reflect a mixed assessment of whether the tariffs will ... Read More

Fed’s shift to ‘inclusive’ employment goal may be to blame for ...

Economists have been sounding the alarms that the Fed’s “inclusive” employment strategy may be to blame for inflation that hit a four-decade high under Biden as the central bank prepares for ... Read More

Whose fault is inflation? Biden, Trump blame each other at debate

According to its study, Trump’s plan for the economy would trigger a recession by mid-2025, with inflation rising to 3.3% compared to the 2.4% forecast for Biden. Read More

Republicans at RNC blame Biden for inflation. Economists say it's ...

Some of the inflation owes to the $1.9 trillion American Rescue Plan signed by Biden in 2021, Zandi said. But, he added, "It's at the bottom of the list." The Biden campaign did not immediately ... Read More

Why Trump's Attacks on the Fed Are Bad News for the Economy - Inc.com

Trump is one recent example. In his first term as president, he criticized his own choice to head the U.S. Federal Reserve and demanded lower interest rates.After Fed Chair Jerome Powell warned ... Read More

The Fed Has Beat Inflation and Stabilized the Jobs Market ... - Barron's

They point to a rise in the unemployment rate, slowing jobs growth, indications the manufacturing sector is contracting, falling commodity prices, and tumbling bond yields as signs that the Fed ... Read More

Fed's preferred inflation gauge cools but spending picks up ahead of ...

Wednesday’s report also showed that consumer spending increased 0.7% from February to March, a healthy gain. Much of the increase appeared to be driven by efforts to get ahead of duties, such as ... Read More