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

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

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

US economy saw stronger-than-expected job growth in September, but the unemployment rate rose

The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... Read More

Traders see the odds of a Fed rate cut by September at 100%

Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now 93.3% odds that the Fed’s target range for the federal funds rate, its key rate, will be lowered by ... Read More

Americans Grow More Worried About Economy As Confidence Drops To New Low, Forbes Says

Economic Confidence Declines In September S. economy fell more than expected in September, according to new data from the Conference Board. The drop signals growing unease over jobs, prices, and ... Read More