Economy News Fed Report Says Economy Grew Slightly In Recent Period

US economic activity little changed ahead of next Fed meeting, report shows

U.S. economic activity was little changed in recent weeks, though employment was weaker in about half of the Federal Reserve's 12 districts and consumer spending declined, the U.S. central bank said ... 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. Read More

U.S. economy continues treading water, Fed's Beige Book report

Most of the Federal Reserve's 12 districts said U.S. economic activity was "little changed" in recent weeks, according to the Federal Reserve's Beige Book report released on Wednesday, which provides ... Read More

Fed Beige Book says employment ‘declined slightly over the current period’

Employment declined slightly over the current period with around half of Districts noting weaker labor demand. Despite an uptick in layoff announcements, more Districts reported contacts limiting ... Read More

Government shutdown blocks key GDP data release – what do the Fed's models say about economic growth?

The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest solid economic growth ... Read More

What today's inflation report says about the economy — and Social Security checks

Because of the shutdown, the federal government is belatedly releasing new Consumer Price Index numbers, which the Social Security Administration needs to adjust for next year's benefits. Well, much ... Read More

Fed's Powell says economy may be on firmer footing, but job market weak

Powell says Fed taking meeting-by-meeting approach to interest rate cuts Fed chief says elevated inflation partly due to impact of tariffs Hiring and layoffs remained low through September, he says ... Read More

US Economic Activity Little Changed, Employment Stable in Recent Weeks, Fed Says

(Reuters) -U.S. economic activity was little changed and employment was largely stable in recent weeks, the Federal Reserve said on Wednesday, but there were emerging signs of weakness including more ... Read More

Inflation dropped slightly to 2.5% in June in Fed’s preferred gauge

Inflation cooled to 2.5% for the year ending in June in the index favored by the Federal Reserve, the Bureau of Economic Analysis reported Friday, down a tenth of a percentage point from the previous ... Read More

Fed's Powell Says Economy May Be on Firmer Footing, but Job Market Weak

PHILADELPHIA (Reuters) -The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy "may be on a somewhat firmer trajectory than expected," ... Read More