Economy News Us Economy News Today The Federal Reserve S Preferred Measure Of Inflation Cooled In June

The Fed’s Preferred Inflation Gauge, PCE, Is Due Today. Here’s What to Know.

The Federal Reserve's preferred inflation measure, the personal-consumption expenditures price index, is due out at 8:30 a.m. ET. Here's what to know: In the 12 months through August, PCE likely rose ... Read More

US economy grew faster than expected in the second quarter

The U.S. economy accelerated in the second quarter as the Commerce Department released its second revision of real gross domestic product (GDP) growth for the latest quarter. The Bureau of Economic ... Read More

Federal Reserve cuts key rate yet Powell says future reductions are not locked in

The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. Read More

Fed Cuts Rates Again As Inflation Stays High, Trump's Tariffs Strain Economy

The Federal Reserve has cut interest rates for the second time in six weeks as inflation remains high and the US labor market shows more signs of strain. The Fed announced the approval of a ... Read More

The Fed Is Increasingly Torn Over a December Rate Cut

As data went dark from the government shutdown, inflation hawks pushed to pause rate cuts at a contentious October meeting. The divide might not end soon. Read More

The Federal Reserve Will Make Policy Decisions Today—Here's What You Need to Know

Key Takeaways The Federal Reserve is expected to cut interest rates to a range of 3.75%–4%, but officials remain divided and cautious amid unclear economic data.Analysts anticipate the Fed will soon ... Read More

US economy expanded at a surprising 3.8% pace in significant upgrade of second quarter growth

WASHINGTON — (AP) — An uptick in consumer spending helped the U.S. economy expand at a surprising 3.8% from April through June, the government reported in a dramatic upgrade of its previous estimate ... Read More

The US economy grew at a 3.8% rate in the second quarter, significantly stronger than previously reported

The US economy’s comeback in the second quarter was just revised higher again, and economists estimate that momentum carried on in the third quarter, underscoring the resilience of the world’s largest ... Read More

Lack of jobs data muddies view of US economy

WASHINGTON — From Wall Street trading floors to the Federal Reserve to economists sipping coffee in their home offices, the first Friday morning of the month typically brings a quiet hush around 8:30 ... Read More