Economy News Us Economy News Today Powell Says Recent Inflation Data Does Not Offer Confidence
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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
Fed Chair Powell says hiring slowdown poses economic risks, hinting at more interest rate cuts
Jerome Powell said the labor market's outlook hasn't changed much since the central bank's September meeting, when it penciled in two more rate cuts this year. Read More
Trump denies inflation is hurting Americans. It’s the same mistake that haunted Biden
We have no inflation,” President Donald Trump said in his “60 Minutes” interview Sunday evening. “Our groceries are down.” ... Read More
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Follow along with live updates from October's Federal Reserve meeting. Get real-time analysis of Jerome Powell’s comments, market reaction, and what the Fed’s move means for inflation, jobs, and your ... Read More
What Powell Says Today Could Matter More Than What the Fed Actually Does with Rate Cuts
The Federal Reserve meets on Wednesday, with Wall Street almost certain it will deliver a quarter-point rate cut, lowering the federal-funds ... Read More
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