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

The economy muddled along during the shutdown, the Fed found. Is another rate cut on tap?

Just two weeks before a pivotal meeting, the Federal Reserve said the U.S. economy has been just muddling along as of late. Read More

US economic activity little changed ahead of next Fed meeting, report shows

U.S. economic activity was little changed in recent weeks, though employment was weaker in about half of the Federal Reserve's 12 districts and consumer spending declined, the U.S. central bank said ... 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

US Fed will likely cut again despite economic murkiness from shutdown

The Federal Reserve is expected to announce its second rate cut of the year on Wednesday, despite a lack of clarity over the health of the US economy due to the ongoing government shutdown. The US ... Read More

Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?

The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest solid economic growth ... 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

Fed Still Poised to Cut Rates, but Worries Mount Over US Data Vacuum

WASHINGTON (Reuters) -The Federal Reserve will go into a policy meeting next week with its view of the economy obscured by a U.S. government shutdown that has suspended the release of key data, a less ... 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 struggles to assess state of US economy as government shutdown shuts off key data

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Jason Reed, University of Notre Dame (THE CONVERSATION) When it comes to setting ... Read More

Americans more worried about finding jobs as inflation persists under Trump

Nearly half of Americans lack confidence in finding a good job under Trump, a new AP–NORC poll shows. Inflation and rising costs for essentials are fueling widespread financial stress. Trump’s low ... Read More