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
Fed Leans Toward December Rate Pause, Minutes Show
The bank could be moving toward another interest-rate cut this year. It could also be finished easing for now. 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
Stubborn inflation, government shutdown upends confidence in another Fed rate cut
The last thing the American economy needs right now is another dose of uncertainty, but that's exactly what it got this week. 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
Federal Reserve cuts key interest rate in bid to boost job market

The Federal Reserve on Wednesday cut its benchmark interest rate for the second time this year as it seeks to boost economic activity and rejuvenate the sluggish labor market despite concerns about ... Read More
Bessent: High U.S. interest rates may have caused housing recession

Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal ... Read More
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