Economy News Lemand On Fed Cuts, Inflation, China Economy

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Federal Reserve governor Stephen Miran said the U.S. economy is "calling for large interest rate cuts" and warned that current monetary policy is "holding the economy back" by keeping borrowing costs ... Read More

Chicago Fed president on the economy’s mixed signals

Inflation is showing fresh signs of cooling, ticking up 2.7% year-over-year, lower than many economists had expected. It follows the release of a delayed jobs report that showed weak growth and the ... Read More

Fed cuts despite divides

The Federal Reserve cut interest rates Wednesday in an unusually narrow vote, underscoring the divides among bank officials over the effect on inflation and employment. The FOMC approved the rate cut ... Read More

Is the Federal Reserve likely to cut interest rates in December? Here's what economists say.

Just a few weeks ago, a December interest rate cut was viewed as practically a done deal by many economists. Now, with fresh government data showing solid U.S. job growth in September, many ... Read More

Fed's Goolsbee says rates ‘could come down’ if economy stays on ‘golden path’

The Fed's Austan Goolsbee signaled more rate cuts are possible if inflation trends continue improving, calling November's CPI data encouraging for policymakers. Read More

How the Federal Reserve Influences the Economy: Key Tools & Strategies

Discover how the Federal Reserve stabilizes the U.S. economy using interest rates, open market operations, and reserve requirements. Read More

Stronger Economy Halts Fed’s December Rate Cut

Job growth and recent inflation data show the U.S. economy is stronger than expected, hiring remains healthy and inflation has ticked up. Federal Reserve Chair Jerome Powell’s resistance to sharply ... Read More

Cooling Inflation Could Pave The Way For Fed Rate Cuts

The sudden drop of inflation in November could clear the decks for the Federal Reserve to cut interest rates to help boost the faltering job market. But the outlook is complicated by the government ... Read More

New Fed projections to reset economic outlook after volatile year

Federal Reserve officials will issue new economic projections, after a year that saw a hoped-for "soft landing" from inflation morph into renewed price pressures due to rising tariffs and the supply ... Read More

Fed lowers interest rates again amid debate over inflation, jobs

The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday for the third time this year, seeking to shore up a softening labor market even as inflation builds and leaving ... Read More

The economy muddled along during the shutdown, the Fed found. Is another rate cut on tap?

Just two weeks before a pivotal meeting, the Federal Reserve said the U.S. economy has been just muddling along as of late. Few businesses are hiring, inflation is still a sore spot and households ... Read More

Federal Reserve cuts key rate, sees healthier economy next year

WASHINGTON (AP) — The Federal Reserve reduced its key interest rate by a quarter-point for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. The ... Read More