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

Federal Reserve poised to cut key interest rate for the second time this year

Mixed economic signals from a weakening job market, stubborn inflation and roaring AI investments force the central bank into a dilemma. Read More

What to know about the Fed meeting.

The Federal Reserve is poised to cut interest rates for a second time this year, but officials are operating with limited information about how the economy is faring. Read More

Missing government data unlikely to sway Federal Reserve from rate-cut path

The Federal Reserve is expected to cut its short-term rate Wednesday for the second time this year despite an increasingly cloudy view of the economy it is trying to influence. Read More

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

Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy. Read More

Federal Reserve meets Wednesday for interest rate decision. Here's what economists predict.

Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, economists say. Read More

Federal Reserve to cut key rate Wednesday, may signal another cut to follow

The Federal Reserve will almost certainly cut its key interest rate on Wednesday and could signal it expects another cut in December as the central bank seeks to bolster hiring ... Read More

Trump wants the Fed to lower rates. The government shutdown could make that less likely

President Donald Trump has spent much of the year urging the Federal Reserve to deliver aggressive rate cuts in order to boost the economy. But the government shutdown ironically threatens the very ... Read More

The Federal Reserve's Meeting Starts Today—Here's What You Need to Know

A Fed rate cut may be coming, but uncertainty over inflation, jobs, and the shutdown could shape what’s next for the economy—and your wallet. Read More

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

Federal Reserve faces dilemma amid expected rate cut decision

The Federal Reserve is expected to cut interest rates 25-basis-points at its meeting this week, though elevated inflation has created a dilemma for policymakers. 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

US economy bucks recession warnings on back of high-income spenders

There have been recession fears brewing for a while now, and recent surveys show consumer sentiment is down. Despite the economic warning signs, some recent data points that indicate economic growth, ... Read More