Economy News A Slower Economy, Lower Inflation The Odds Of A June Rate Cut Are Significant

Economists see stronger US growth, but weak job gains and stickier inflation

Surging business investment is expected to offset weaker growth in consumption and global trade and keep the U.S. economy growing near trend, according to a National Association for Business Economics ... Read More

Why Friday's Inflation Report Is A Big Deal After This Week's Economic News

Friday's key report on inflation could be even more significant in the wake of data showing the economy is more resilient than expected in the face of tariffs. Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy ... Read More

Fed's Powell says economy may be on firmer footing, but job market weak

The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair Jerome ... Read More

Federal rate cut: Will it lead to a better economy? Expert weighs in

The Fed’s quarter-point rate cut lowers borrowing costs but reduces savings interest, acting as short-term "fuel for the economy." Inflation remains stubborn, driven partly by tariffs and companies ... Read More

Unknowns cloud economy’s future despite return to growth and rate cut

WASHINGTON (TNND) — The U.S. economy has continued to be resilient despite a wave of uncertainty from uneven trade policy, warnings of increased costs due to tariffs and a slowing labor market but ... Read More

UCLA forecasts 'stagflation-lite' economy with higher inflation and unemployment

The UCLA Anderson Forecast released Wednesday predicts economic growth will slow next quarter as the costs of the Trump administrations tariffs fully take hold, leading to a 'stagflation-lite' ... Read More

Federal Reserve lowers interest rates by 0.25 percentage points in first cut since December

The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points — its first cut since December — as the U.S. grapples with a stalling labor market and slower economic ... Read More

US economy grew faster than expected in the second quarter

The U.S. economy accelerated in the second quarter as the Commerce Department released its second revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic ... Read More