Economy News Us Economy News Today Fed Officials Say Inflation Fight Is Still On Track
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Williams' comments boost odds of a Fed cut, though policy hawks remain adamant
The U.S. Federal Reserve can still cut interest rates "in the near term" without putting its inflation goal at risk, New York Fed President John Williams said on Friday in comments that prompted ... Read More
December Rate Cut Seems Likelier After One Fed Official's Comments
The odds of the Federal Reserve lowering borrowing costs in December have suddenly flipped from unlikely to more likely than not after the words of a key federal official. Read More
Top Fed Official Boosts Odds of a December Rate Cut
John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs ‘in the near term.’ ... Read More
Fed Fractures Deepen as Barr Signals Inflation Concern
Add one more to the number of Federal Reserve officials signaling fresh discomfort over inflation.Fed Governor Michael Barr on Thursday said the US central bank needs to proceed with caution in ... Read More
October CPI canceled and November inflation report pushed back until after Fed’s next big interest-rate vote
The Federal Reserve won’t see critical information on U.S. inflation or job creation before its next pivotal meeting in December to decide whether to cut interest rates for the third month in a row. 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 official forecasts huge economic shift coming soon
A growing number of Fed officials have been warning that inflation remains “too high” and could derail progress toward the central bank’s 2% goal. And the government shutdown means the Fed will be ... 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
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