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

Is the Federal Reserve likely to cut interest rates in December? Here's what economists say.

The government's latest jobs data could affect whether Federal Reserve officials continue their push to ease borrowing costs. Read More

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

December interest rate cut a near ‘certainty’ after economy grows by just 0.1%

After figures were released on Thursday showing the economy grew just 0.1 per cent in the third quarter of the year, Thomas Pugh, partner and chief economist at accountancy firm RSM UK, said: “If we ... Read More

Fed cuts interest rates for second time this year amid labor market weakness

The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target. Fed ... Read More

Federal Reserve cuts key rate as government shutdown clouds economic outlook

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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