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

An unusual trend in the economy is worrying the Fed

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. 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

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. 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

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

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's Powell points to persistent labor market weakness as government shutdown delays official reports

Federal Reserve Chair Jerome Powell on Tuesday said that the economy continues to see a softening of the labor market despite the government shutdown delaying the release of official jobs and ... Read More

Fed officials expressed concerns in over slowing economy

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. WASHINGTON (AP) — Federal Reserve officials ... 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

FOMC Minutes Show Divided Fed, And Cast Doubt On December Interest Rate Cut

A Federal Reserve rate cut in December is looking less likely as minutes from the Fed's policy committee meeting show its members are sharply divided about how to proceed. Read More