Economy News Economy Relatively Strong Despite High Interest Rates

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. 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

US economy saw stronger-than-expected job growth in September, but the unemployment rate rose

The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... 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 ... Read More

How can the Fed be cutting interest rates again with inflation running so high?

Consumer-price inflation is at 3%, well above the Federal Reserve's target Federal Reserve Chair Jerome Powell speaks at a news conference in September. The Federal Reserve is almost universally ... Read More

Americans keep spending despite gloomy economy

Despite a pervasive sense of economic pessimism, Americans continue to spend robustly on goods and services. Recent retail trends reveal sustained consumer activity, even as negative sentiment looms ... Read More

Stocks climb on hopes for lower interest rates as Dow rallies 650 points

Stocks got a boost from easing yields in the bond market. Lower interest rates can cover up many sins in financial markets, including prices going too high, and hopes are high that the Federal Reserve ... Read More

Interest rates will fall in 2026. But will bond yields fall, too?

The world’s public finances look ever more perilous. Advanced economies’ debt-to-GDP ratios are projected to exceed 110% in 2026 ... 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

Australian unemployment rate drops in October after shock September rise

The unemployment rate has plummeted in October as 42,000 Australians find a job. The latest figures from the Australian Bureau of Statistics show the unemployment rate has dropped to 4.3 per cent. The ... Read More

Poland’s economy remain resilient as złoty becomes one of the strongest emerging-market currencies

Poland’s economy remains resilient, and the złoty has become one of the strongest emerging-market currencies since early 2025. The EUR/PLN rate has shown low volatility and is expected to remain near ... Read More

Not just vibes: These economic indicators raise concerns about Minnesota’s economy

Minnesota’s marquee economic indicators such as unemployment still appear strong, but under-the-hood, economists see signs of stress. Read More