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 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 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

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

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

Softer jobs and cooler inflation set the stage for a December Fed cut

The Federal Reserve is heading into December with a weaker labor market and cooler inflation, a combination that has rapidly shifted expectations toward another rate cut. Investors, businesses, and ... 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

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 Kashkari: Economy May Not Be Slowing as Much as We Think

(Reuters) -Minneapolis Federal Reserve President Neel Kashkari said Thursday he does not think that there is a big chance the labor market will weaken sharply or inflation will surge, though of the ... Read More