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

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

What to expect from Friday's inflation report

Key Takeaways Core PCE inflation, the Fed's preferred gauge of consumer price increases, likely rose 2.9% in September, heading in the wrong direction from the Fed's goal of a 2% annual rate.Although ... Read More

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Fed governor Stephen Miran calls for large interest rate cuts, warning that current policy is "holding the economy back" and pushing unemployment higher. Read More

Fed Chair Powell says hiring slowdown poses economic risks, hinting at more interest rate cuts

Federal Reserve Chair Jerome Powell on Tuesday emphasized that a sharp slowdown in hiring poses a growing risk to the U.S. economy, a sign that the central bank will likely cut its key interest rate ... Read More

10 warning signs the US economy is nearing a reset

As 2025 progresses, there are growing indications that the American economy may be approaching a significant reset. Economic experts have identified several key indicators that suggest potential ... 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 last Fed meeting of the year is approaching. Here's where we could be headed

NPR's A Martinez speaks with the president of the Federal Reserve Bank of Chicago about the economic outlook ahead of the last Fed meeting of the year. 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

As the shutdown drags on, here’s how it can drag down the economy

The federal government shutdown has lasted all month and is on pace to become the longest on record. While history has shown that the economy typically rebounds from a shutdown within a couple of ... Read More

Inflation dropped slightly to 2.5% in June in Fed’s preferred gauge

Inflation cooled to 2.5% for the year ending in June in the index favored by the Federal Reserve, the Bureau of Economic Analysis reported Friday, down a tenth of a percentage point from the previous ... Read More

When to expect key economic data after the shutdown and what it means for the Fed

With the federal government on the verge of reopening, the economic data drought caused by the shutdown may also soon come to an end. As the Bureau of Labor Statistics prepares to release weeks of ... Read More