Economy News As Economy Reverses, Expect 3 Rate Cuts This Year Strategist

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

Jobs data isn't suggesting aggressive Fed rate cuts are coming: strategist

Fresh ADP and payroll data from Revelio Labs hasn't suggested the jobs market has further deteriorated, said Daniel Von Ahlen, senior macro strategist at GlobalData TS Lombard. "Should this continue ... Read More

Federal Reserve cuts rates to lowest level in three years

• The Federal Reserve said Wednesday it is lowering its benchmark interest rate by a quarter point, but offered no clear outlook for its next decision, due in December. • Central bank officials have ... Read More

No wonder it’s all ‘booms, bubbles and debasement’ after 312 rate cuts, says Bank of America strategist

In the two years immediately following the nadir of the global financial crisis in 2008, central banks worldwide cut rates 313 times. In the last two years central banks worldwide have made 312 rate ... 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

Federal Reserve meets today for an interest rate decision. Here's what economists predict.

The Federal Reserve is set to make its next interest rate decision today, even as a near-total blackout of federal economic data continues amid the government shutdown. The Labor Department, however, ... Read More

The U.S. economy is slowing — and the nation’s top economists don’t expect it to improve much over the next year

First came the post-pandemic surge in prices. Then came the fastest jump in interest rates in four decades. Now, Americans are contending with a global trade war and a slowing job market. After five ... Read More