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

Fed minutes hint at weak backing for a December rate cut

Fresh minutes from the Federal Reserve's latest policy meeting point to a central bank that is far from united on whether to trim interest rates again in December, despite mounting political and ... Read More

Top Fed Official Boosts Odds of a December Rate Cut

John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs “in the near term.” ... Read More

Fed Minutes Show ‘Many’ Officials Lean Against December Cut

Many Federal Reserve officials said it would likely be appropriate to keep interest rates steady for the remainder of 2025, according to minutes of the Federal Open Market Committee’s October 28-29 ... 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

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

Fed minutes show broad support for ending quantitative tightening

The Federal Reserve’s decision last month to announce a looming halt to the drawdown of its balance sheet earlier than many had expected drew broad support from central bankers, meeting minutes from ... Read More