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

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 infla ... Read More

A Fed rate cut next month seemed doubtful. Here’s why it’s now likely to happen.

Despite dramatic differences among Fed officials, opinions are coalescing behind a third interest-rate cut in succession. Read More

Fed's Goolsbee uneasy about rate cuts, says nothing wrong with dissenting

Chicago Federal Reserve President Austan Goolsbee on Thursday said he is uneasy about cutting interest rates in the face of too-high inflation that's steady at best and by some measures getting worse, ... 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

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

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

Employment Report Doesn't Settle The Fed's Rate Cut Debate

The U.S. added 119,000 jobs in September, but mixed data left markets uncertain whether the Fed will cut rates in December. 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 Miran, the newest member of the Federal Reserve ... Read More