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

Fed Debate Heats Up: Cut Interest Rates to Save Jobs or Hold Firm Against Inflation?

A divided Fed faces tough choices ahead of its December meeting—cut rates to support jobs or hold firm to fight stubborn inflation. Read More

The U.S. official who is most serious about fighting inflation is in Cleveland

The rise in consumer prices is on track to exceed the central bank’s target until 2028. Cleveland Fed President Beth Hammack is trying to get that inflation rate down. 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

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

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

Kashkari sees more risk of labor market downturn than inflation surge Sees rate cuts as insurance against unlikely dire outcomes The longer government shutdown, the less confident in read on economy: ... Read More

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

Growth is slowing, and inflation is easing. More Fed rate cuts are the right response.

Inflation is on Federal Reserve Chair Jerome Powell's radar, but isn't the central bank's biggest concern right now. The slowdown in job creation since January suggests the economy is not running as ... 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

The government is belatedly releasing inflation data on Friday. Here's what economists are expecting.

A delayed inflation report on Friday is expected to deliver sobering data about the direction of U.S. prices, with economists forecasting that the Consumer Price Index in September rose at its fastest ... Read More