Economy News Inflation Settling High Could Pose New Risks For The Fed, Economy

We’re in a ‘windchill’ economy, where things feel worse than they are

People feel like their dollars aren’t stretching as far as before, and the cost of living is rising beyond their means. There’s just one problem: That part is not true. Most Americans are getting ... Read More

Economist issues inflation warning over Trump’s next Fed chair

Trump's economic adviser Kevin Hassett is currently the strong favorite to succeed Jerome Powell as the next Fed chair. Read More

Fed could find itself in a bind as it sets the stage for Powell's successor

By Howard Schneider WASHINGTON, Dec 8 (Reuters) - The U.S. Federal Reserve's meeting this week will begin to set expectations for President Donald Trump's upcoming nominee to lead the central bank, ... Read More

Flurry of Fed dissents in coming meetings could pose market, political risks

By Howard Schneider WASHINGTON, Dec 1 (Reuters) - The U.S. Federal Reserve, sometimes criticized for being too consensus-driven, may see a run of divided votes on interest rates that could weaken its ... Read More

Powell Faces Pressure From Multiple Fronts as Fed Prepares to Cut Rates

The chair of the central bank is dealing with internal divisions while being besieged by President Trump and front-runners jockeying to replace him. Read More

Voters express economic worries over inflation as costs rise, Fox News poll finds

Voters' views of the economy have dimmed in recent months, as economic concerns that helped return President Donald Trump to the White House are now weighing on his approval ratings in the latest Fox ... Read More

Fed's Collins Warns Fragmented Global Economy Could Push up Inflation

Collins also said that rising global risks and fragmentation “tend to depress short-term economic activity, while reducing longer-term growth,” while adding these forces “will likely be major, ... Read More

Trump denies inflation is hurting Americans. It’s the same mistake that haunted Biden

And with those two false claims, Trump is repeating a political mistake that haunted his predecessor, former President Joe Biden, and contributed to the Democrats losing the White House: Trump appears ... Read More

Fed Cuts Rates Again As Inflation Stays High, Trump's Tariffs Strain Economy

The Federal Reserve has cut interest rates for the second time in six weeks as inflation remains high and the US labor market shows more signs of strain. The Fed announced the approval of a ... Read More

Americans plan to spend big this holiday season even as they fret about the economy, Visa finds

Americans are expected to open their wallets this holiday season, increasing their gift budgets even as a slowing job market and stubborn inflation weigh on consumer confidence, according to a new ... Read More