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

Fed officials ‘expressed strongly differing views’ on December rate cut, meeting minutes show

A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, ... Read More

No October jobs report could muddy the Fed's next move

With the October jobs report in limbo, the Federal Reserve is staring at a rare data blackout just as it weighs whether the economy is slowing enough to justify rate cuts. Instead of a clean read on ... Read More

Fed minutes show divide in views on direction of policy at October meeting

The minutes from the Federal Open Market Committee's October 28-29 meeting, released on Wednesday, highlighted the widening divide among its members over whether the policymakers need to lower rates ... 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

Inflation fight divides Fed as prices stay painfully high

Borrowing gets cheaper, but food, rent and energy costs don’t. The Fed cut rates to 3.75%–4.00% aiming to boost a slowing economy. Officials warn inflation is “too high,” creating division over ... Read More

The shutdown is complicating the Fed’s ability to help the economy

The Federal Reserve was already facing one of its most difficult battles, steering a shifting economy through a weakening labor market and stubborn inflation. The government shutdown just made that ... Read More

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