Economy News Economy Struggling With High Interest Rates And Stubborn Inflation

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 ... 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

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

Why Lower Interest Rates May Not Fix America’s Job Market

The Federal Reserve's current round of interest rate cuts is meant to boost hiring, but experts say they may not be able to fix what's wrong with the job market. The Federal Reser ... Read More

This Is How Our Economy Comes Crashing Down

But a closer inspection shows that an increasing number of structural supports — across businesses, labor markets, consumers and stocks — are looking wobbly. A Jenga-like collapse, meaning an ... Read More

Fed's Hammack leans against more rate cuts because of high inflation

Cleveland Federal Reserve President Beth Hammack said on Thursday ongoing high levels of inflation argue against the U.S. central bank cutting interest rates again. Read More

The shutdown is complicating the Fed’s ability to help the economy

The Federal Reserve was already facing one of its most difficult battles, steering a shifting economy through a weakening labor market and stubborn inflation. The government shutdown just made that ... 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

Australia Central Bankers Cite Inflation for November Rate Pause

Reserve Bank of Australia (RBA) officials cited stubborn and modestly rising inflation in their decision on Nov. 4 to again pause in lowering interest rates, board minutes released on Tuesday show. In ... 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