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

Even if Fed cuts rates again, U.S. economy may not get much of a boost

Rate-sensitive industries, like housing, could see a limited benefit from lower borrowing costs because prices remain near record highs. Read More

Inflation didn’t get any worse before the government shutdown. The Fed is expected to cut rates again

The rate of U.S. inflation stayed stuck close to 3% before the government shutdown, a long-delayed report showed, adding a final piece of the puzzle before the Federal Reserve votes on whether to cut ... Read More

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's Collins Warns Fragmented Global Economy Could Push up Inflation

Collins also said that rising global risks and fragmentation “tend to depress short-term economic activity, while reducing longer-term growth,” while adding these forces “will likely be major, ... Read More

The Fed's favorite inflation indicator hit 2.8% in September, delayed data shows

Personal spending appears to have stalled in September, another economic warning sign for the Fed to consider as it weighs whether to cut interest rates. Read More

How consumers feel about the economy as the holidays approach

New numbers from the Commerce Department show inflation is still elevated, but it doesn't appear to be getting worse. The Federal Reserve is expected to cut interest rates next week by another quarter ... Read More

Why investors see Friday’s inflation report as a gut check of vibes on the economy

Stocks are back on the doorstep of record territory after a volatile month on Wall Street, but persistent inflation worries and souring consumer sentiment are keeping investors uneasy ahead of the Fed ... 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

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

Fed’s preferred inflation gauge stayed elevated in September as spending weakened

The Federal Reserve’s preferred measure of inflation slowed a bit in September, likely easing the way to a widely expected interest rate cut by the central bank next week. 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

Lower-Than-Expected Inflation Keeps Fed On Track For October Rate Cut

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More