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

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

Why a Fed rate cut next month now seems likely

Financial markets have spent much of the autumn doubting that The Fed would move again this year, but the balance of evidence has shifted in favor of another cut at the coming meeting. A combination ... 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

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

Growth is slowing, and inflation is easing. More Fed rate cuts are the right response.

Inflation is on Federal Reserve Chair Jerome Powell's radar, but isn't the central bank's biggest concern right now. The slowdown in job creation since January suggests the economy is not running as ... Read More

Federal Reserve faces dilemma amid expected rate cut decision

The Federal Reserve is set to announce its next interest rate decision on Wednesday and the monetary policy meeting comes as the economy is facing a weakening labor market as well as elevated ... 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

Takeaways: Fed Chair Powell says don’t count on a December rate cut

The Federal Reserve on Wednesday lowered interest rates for the second time this year in a continued bid to prevent unemployment from surging. But another rate cut at the next meeting in December “is ... Read More