Economy News Us Economy News Today Could Consumer Spending Stall Rate Cuts

US economy at risk of wobble as lower-income consumers get squeezed

The U.S. consumer's durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the potential ... Read More

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

Federal Reserve Chairman Jerome Powell speaks during a news conference following the Federal Open Market Committee meeting, Wednesday, Sept. 17, 2025, at the Federal Reserve Board Building in ... Read More

US Fed Rate Cut Highlights: Federal Reserve cuts key rate as government shutdown clouds economic outlook

Policymakers voted 10-2 in favor of lowering the bank's key lending rate to between 3.75 percent and 4.00 percent, the Fed said in a statement ... Read More

The Fed just cut rates: Here’s what it actually means for the economy

Ben Emons, Founder and CIO, FedWatch Advisors, breaks down what the Fed’s latest rate cut signals about the economy. Read More

Fed lowers interest rates as it struggles to assess state of US economy without key government data

Even in the best of times, the Fed has a tough time interpreting the data and deciding how best to guide the US economy. Read More

Recession fears mount as Fed says more rate cuts could follow hiring slowdown

This is read by an automated voice. Please report any issues or inconsistencies here. A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said ... Read More

US consumer sentiment held steady in October, but labor market worries persist

U.S. consumer sentiment held steady in October, though Americans' concerns about the labor market and inflation persisted as the government shutdown began. The University of Michigan's preliminary ... Read More

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

WASHINGTON – A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice more ... Read More

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

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More