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

October CPI canceled and November inflation report pushed back until after Fed’s next big interest-rate vote

The Federal Reserve won’t see critical information on U.S. inflation or job creation before its next pivotal meeting in December to decide whether to cut interest rates for the third month in a row. Read More

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

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

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

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

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

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

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

How can the Fed be cutting interest rates again with inflation running so high?

Consumer-price inflation is at 3%, well above the Federal Reserve's target Federal Reserve Chair Jerome Powell speaks at a news conference in September. The Federal Reserve is almost universally ... 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