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

Federal reserve officials sharply split over rate cut amid economic uncertainty

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 ... Read More

Is the Federal Reserve likely to cut interest rates in December? Here's what economists say.

The government's latest jobs data could affect whether Federal Reserve officials continue their push to ease borrowing costs. Read More

Fed’s Musalem Sees US Economic Rebound in First Quarter

Federal Reserve Bank of St. Louis President Alberto Musalem said he expects the US economy to bounce back strongly early next year, underscoring the need for officials to approach additional ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More

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

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 ... Read More

Federal Reserve to make interest rate decision this week

Oct. 27 (UPI) --The Federal Reserve will meet Wednesday, as the U.S. government shutdown enters its fifth week, to decide whether to cut interest rates for a second time since September. Last week, ... Read More

Fed Vice Chair Says Economic Trade-Offs Justify Lowering Rates Slowly

Philip Jefferson offered a case study in the central bank’s predicament Monday, acknowledging the risk of stubborn inflation and weaker employment conditions—dueling threats that call for opposing ... Read More

What today's inflation report says about the economy — and Social Security checks

Because of the shutdown, the federal government is belatedly releasing new Consumer Price Index numbers, which the Social Security Administration needs to adjust for next year's benefits. Well, much ... Read More

Bessent says US housing market in 'recession' due to Federal Reserve interest rate policies

Treasury Secretary Scott Bessent said the U.S. housing market is one subset of the economy that may be in recession because of high interest rates as he continues to call for the Fed to cut rates. Read More