Economy News Us Economy News Today Fed Officials Say Inflation Fight Is Still On Track

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. Read More

An unusual trend in the economy is worrying the Fed

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. Read More

4 Fed officials strike hawkish tone on rate cuts, citing inflation concerns

A growing chorus of Fed officials say they would have preferred to hold interest rates steady this week, voicing concern about inflation. Kansas City Federal Reserve president Jeff Schmid said Friday ... Read More

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn ... Read More

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 Fed on track to cut rates again in penultimate decision of 2025

The US Federal Reserve is almost certain to cut interest rates for a second straight meeting on Wednesday, and could also shed light on what it will do next. Analysts and traders expect most ... Read More

Fed researchers say tariffs actually lower inflation — because they’re demand shocks that slam employment and economic activity

"Instead, tariff shocks appear to act as aggregate demand shocks—moving inflation and unemployment in the same directions." ... Read More

Inflation dropped slightly to 2.5% in June in Fed’s preferred gauge

Inflation cooled to 2.5% for the year ending in June in the index favored by the Federal Reserve, the Bureau of Economic Analysis reported Friday, down a tenth of a percentage point from the previous ... Read More