Economy News An Inflation Uptick Could Delay Fed Rate Cuts, A Problem For The Economy And Biden’s Reelection

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

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 infla ... Read More

Fed faces another tough rate decison with inflation and job data delay

October jobs and inflation reports are canceled and November data are delayed until after the Fed's Dec. 9-10 meeting. What this may mean for rates. Read More

Legendary Investor Forecasts Another Fed Rate Cut In December Amid Economic Instability

In the midst of the current economic turbulence, Bill Gross, a seasoned bond manager on Wall Street, has made a bold prediction about the Federal Reserve's upcoming actions. Read More

December interest rate cut in doubt as Fed minutes show policymakers divided

Federal Reserve policymakers remain divided on December interest rate cuts as FOMC minutes revealed differing views on monetary policy amid inflation and labor market concerns. Read More

Growth is slowing, and inflation is easing. More Fed rate cuts are the right response.

Inflation is on Federal Reserve Chair Jerome Powell's radar, but isn't the central bank's biggest concern right now. The slowdown in job creation since January suggests the economy is not running as ... Read More

Fed cut rates even as many of its policymakers worried about inflation, minutes show

A divided Federal Reserve cut interest rates last month even as many policymakers cautioned that lowering borrowing costs further could risk undermining the fight to quell inflation that has been ... Read More

Fed cut rates amid policymakers' caution about inflation, minutes show

A divided Federal Reserve cut interest rates last month even as policymakers cautioned that lower borrowing costs could risk undermining the fight to quell inflation that has been above the U.S. Read More

Commerce Bank economist says fed rate cuts show confidence, not panic

THAT’S IN A FEW MORE MINUTES. AND THE FEDERAL RESERVE CUT INTEREST RATES TO THEIR LOWEST LEVEL IN THREE YEARS, AND THE 10 TO 2 VOTE, THE CENTRAL BANK LOWERED THE BENCHMARK RATE BY A QUARTER POINT TO 3 ... Read More

Fed rate cut is too little, too late — time to show glum Jerome Powell the door

Commerce Department data and record stock-market highs indicate the US economy is on a tear so far under President Donald Trump. Yes, inflation is still a bit too high at 3% — but under Joe Biden, we ... Read More

Fed Risks a Recession if It Doesn’t Cut Rates Rapidly, a Top Official Warns

Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried about inflation. Stephen I. Miran, the newest member of the central bank’s ... Read More

How does a Federal Reserve rate cut affect your finances? 4 things to know

NEW YORK (AP) — The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September. Before that, it had gone nine months without a cut. The federal ... Read More