Economy News Us Economy News Today Fed Officials Say Inflation Fight Is Still On Track
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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
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
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
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
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
Inflation fight divides Fed as prices stay painfully high

Borrowing gets cheaper, but food, rent and energy costs don’t. The Fed cut rates to 3.75%–4.00% aiming to boost a slowing economy. Officials warn inflation is “too high,” creating division over ... 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
US Fed's Cook warns inflation to stay 'elevated' next year

A key US central bank official warned Monday that inflation would likely remain elevated in the coming year as tariffs bite, while vowing to fulfill her duties even as President Donald Trump seeks her ... 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
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