Economy News Economy Struggling With High Interest Rates And Stubborn Inflation
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Sharp disagreements over economy threaten Federal Reserve interest rate cut
What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn infla ... Read More
Wait, I thought the economy was terrible. What happened?
“The economy is struggling to create jobs. The unemployment rate is low but it’s now showing some stress,” Zandi said, adding that the closer the rate gets to 5%, the greater the risk of a ... Read More
Stock market sinks as AI and interest rate worries grip investors
Investors' initial euphoria gave way to selling as hopes for a December rate cut faded and bitcoin continued to sell off. Read More
Fed Debate Heats Up: Cut Interest Rates to Save Jobs or Hold Firm Against Inflation?
A divided Fed faces tough choices ahead of its December meeting—cut rates to support jobs or hold firm to fight stubborn inflation. Read More
The Fed Minutes Show the Split Over a December Rate Cut
The bank could be moving toward another interest-rate cut this year. It could also be finished easing for now. Read More
Trump tells Americans the economy is better than ever at McDonald’s summit: ‘This is also the golden age’
The president said he wanted the term “affordability” to belong to Republicans, not Democrats amid growing economic anxiety. Read More
How can the Fed be cutting interest rates again with inflation running so high?
Consumer-price inflation is at 3%, well above the Federal Reserve's target Federal Reserve Chair Jerome Powell speaks at a news conference in September. The Federal Reserve is almost universally ... Read More
Why Lower Interest Rates May Not Fix America’s Job Market
Many of the labor market's persistent problems, such as a shrinking workforce and the rise of AI, cannot be solved by rate cuts. Read More
UK inflation rate falls for first time since March to 3.6%
As we've been reporting, the UK's inflation rate has fallen to 3.6% in the year to October, according to the Office for National Statistics. It's the first drop since March, and the lowest the rate ... Read More
How can the Fed be cutting interest rates again with inflation running so high?
The Federal Reserve is almost universally viewed as on track to cut interest rates next week, despite inflation running at a 3% annual rate in September — well above the Fed’s 2% target. What gives? Read More
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