The economy is chugging along, but consumers are uneasy

The Federal Reserve weighs its first rate cut since December as wealthier consumers prop up spending levels and the job market shows signs of weakness. Read More

The US economy has come down with a case of early-onset stagflation

Two key reports released Thursday showed the US economy may be in a state of early-onset stagflation — a toxic one-two punch of slow economic growth and rising prices. Read More

Economy loses jobs for the first time since 2020

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story Economy loses jobs for the first time since 2020 ... Read More

Fed, under pressure to cut rates, tries to balance labor market and inflation – while avoiding dreaded stagflation

The labor market has seen continued deterioration, most notably with the Bureau of Labor Statistics’ revisions to nonfarm payrolls – in effect reducing the number of jobs economists thought the U.S. Read More

Dismal August Jobs Report Offers Rate-Cut Relief: What the Experts Are Saying

The August jobs report came in much lower than expected, lifting the odds that several rate cuts will come through by year's end. Read More

Fed Chair Jerome Powell signals job market, inflation outlook could allow for interest rate cut

Federal Reserve Chair Jerome Powell said the balance of risks to the labor market and inflation have shifted, signaling a potential interest rate cut at the Fed's next meeting. Read More

August CPI Inflation: A Rate Cut Won't End The Uncertainty

Despite a rise in CPI inflation for August to the highest levels in seven months, the probability of a rate cut at the FOMC meeting next week remains 100%. Read what investors need to know. Read More

Powell Tees Up Rate Cuts, Acknowledges Weakening Economy

In a wide-ranging speech at the Federal Reserve’s summer retreat in Jackson Hole, Wyoming, Chairman Jerome Powell on Friday signaled that interest rates are likely headed lower in the near term but ... Read More

Inflation or jobs: Federal Reserve officials are divided over competing concerns

WASHINGTON — One major question will be front and center for Federal Reserve policymakers as they prepare for an annual conference in Jackson, Wyoming next week and a crucial policy meeting in ... Read More

Higher 'core' inflation reading unlikely to knock Fed off course for rate cut in September

A fresh reading on the Federal Reserve’s inflation gauge inched up again, but it isn’t likely to knock the central bank off course to cut rates in September. “Today’s in-line PCE Price Index will keep ... Read More