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

Inflation fight divides Fed as prices stay painfully high

The Fed’s decision was aimed at jump-starting a slowing economy clouded by stubborn sticky inflation and political tension. The Fed’s quarter-point cut to a 3.75%–4.00% benchmark rate makes borrowing ... Read More

Economists Debate Fed Rate Cut Amid Inflation

Supporters of a cut say real interest rates—rates after inflation—are high enough to restrain the economy even if the Fed trims by a quarter point. They argue that a small cut could support credit ... Read More

Fed's Schmid: Inflation risks remain, economy still showing momentum

By Howard Schneider WASHINGTON (Reuters) -Kansas City Fed president Jeffrey Schmid said on Friday that he dissented against cutting interest rates this week out of concern that continued high ... Read More

Trump says inflation is ‘defeated’ and the Fed has cut rates, yet prices remain too high for many

WASHINGTON (AP) — Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris’ presidential campaign. Yet ... Read More

Fed president warns inflation is 'going the wrong way' as tariff concerns mount

On Tuesday, Federal Reserve Bank of Chicago President Austan Goolsbee warned about rising inflation and said it isn't clear whether tariff-induced price hikes will be a one-off or could pose a more ... Read More

Fed Cuts Interest Rates Again to Protect Jobs as Economic Risks Grow

The Federal Reserve has once again cut its benchmark interest rate, aiming to revive the stagnant job market and prevent a surge in unemployment by lowering borrowing costs. Read More

Fed's appetite for further easing, higher inflation in focus

The U.S. Federal Reserve last month signaled that interest rates are likely to stay at zero through 2023, vowing to wait on rate hikes until inflation reaches 2% and is set to rise moderately above ... Read More

Fed's Jefferson: Uncertainty around economy 'especially high'

Key Insight: Federal Reserve Vice Chair Philip Jefferson said immigration and tariff policies have clouded his economic outlook and placed pressure on the central bank's dual mandate. However, because ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More

Bank of Canada will dampen inflation if high prices persist- media

The Bank of Canada will tackle inflation to get it back on target if temporary price pressures turn persistent, Governor Tiff Macklem said in a media interview published on Thursday. Read More

Trump says inflation is ‘defeated' and the Fed has cut rates, yet prices remain too high for many

Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris' presidential campaign. Yet you wouldn't know ... Read More