Economy News Fed Minutes Show Officials See Inflation Slowing, Economy Cooling

Mixed Economic Signals Stoke Divisions at Fed, Minutes Show

A few officials appeared reluctant to support the central bank’s interest rate cut last month, underscoring the tough task ahead for Chair Jerome H. Powell to forge a consensus. By Colby Smith Colby ... Read More

Fed Debate Heats Up: Cut Interest Rates to Save Jobs or Hold Firm Against Inflation?

A divided Fed faces tough choices ahead of its December meeting—cut rates to support jobs or hold firm to fight stubborn inflation. Read More

Fed minutes show policymakers remain concerned about inflation as they weigh rate cuts

The Federal Reserve on Wednesday released the minutes from the central bank's monetary policy meeting last month, which showed that while policymakers anticipate further interest rate cuts, they ... Read More

Fed minutes show split on future interest rate cuts

WASHINGTON (AP) — Most members of the Federal Reserve‘s interest-rate setting committee supported further reductions to its key interest rate this year, according to minutes from last month’s meeting ... Read More

Fed's Hammack says restrictive monetary policy needed to cool inflation

Cleveland Federal Reserve President Beth Hammack said on Thursday monetary policy needs to remain in a position where it can help lower inflation pressures, suggesting she leans against the U.S. Read More

Fed official forecasts huge economic shift coming soon

A growing number of Fed officials have been warning that inflation remains “too high” and could derail progress toward the central bank’s 2% goal. And the government shutdown means the Fed will be ... Read More

Fed Officials Are Willing To Cut Rates, But Inflation Could Derail Plans

Members of the Federal Reserve's policy committee are worried about both high inflation and the faltering job market, according to minutes from their most recent meeting released Wednesday. While the ... Read More

Fed minutes show caution over inflation even as officials cut rates

Federal Reserve officials showed a willingness to lower interest rates further this year, but many expressed caution driven by concerns over inflation at their policy gathering last month. “Most ... Read More

Fed minutes show most officials support rate cuts

WASHINGTON -- Most members of the Federal Reserve's interest-rate setting committee supported further reductions to its key interest rate this year, according to minutes from last month's meeting ... Read More

Federal Reserve officials divided on economic outlook and interest rate path

Federal Reserve officials were divided on whether to support the first interest rate cut of the year during their September meeting despite concerns about the strength of the job market, highlighting ... Read More

Fed's Powell points to persistent labor market weakness as government shutdown delays official reports

Federal Reserve Chair Jerome Powell on Tuesday said that the economy continues to see a softening of the labor market despite the government shutdown delaying the release of official jobs and ... Read More

The Fed Is Turning to These Data Sets During the Shutdown. Here’s What They Reveal About the Economy

With the government shutdown halting key reports, the Fed is turning to private data and creative clues to keep tabs on the U.S. economy. Read More