Economy News Us Economy News Today Fed S Kashkari Sees Interest Rates At Current Levels For ‘indefinite’ Period

Even if Fed cuts rates again, U.S. economy may not get much of a boost

Rate-sensitive industries, like housing, could see a limited benefit from lower borrowing costs because prices remain near record highs. Read More

Fed's Kashkari: Economy May Not Be Slowing as Much as We Think

(Reuters) -Minneapolis Federal Reserve President Neel Kashkari said Thursday he does not think that there is a big chance the labor market will weaken sharply or inflation will surge, though of the ... Read More

Fed's Kashkari wanted rate-cut pause in October, reports Bloomberg News

(Reuters) -Minneapolis Federal Reserve President Neel Kashkari told Bloomberg News in an interview on Thursday that he did not support the Fed's interest-rate cut in October given the economy's ... Read More

Minneapolis Fed’s Neel Kashkari cools on third rate cut this year

Leaders of the Federal Reserve Bank have split opinions on whether to hold interest rates steady or make another dent. Read More

Dollar Declines and Gold Soars on Expectations of Fed Rate Cuts

The dollar index (DXY00) on Wednesday fell by -0.28%. The dollar moved lower on Wednesday after dovish comments from Boston Fed President Susan Collins reinforced expectations that the Fed will cut ... Read More

Could mortgage interest rates fall before the Fed's October meeting? Here's what to consider.

For homebuyers and current owners looking to refinance, October 29 can't come fast enough. That's when the Federal Reserve is set to conclude its next two-day meeting and, with it, issue another ... Read More

As the shutdown drags on, here’s how it can drag down the economy

The federal government shutdown has lasted all month and is on pace to become the longest on record. While history has shown that the economy typically rebounds from a shutdown within a couple of ... 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

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

Here's what to expect from the Fed's interest rate meeting today

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