Economy News Fed Economy Growing, Labor Market In Balance

Fed flags a fresh red flag for the economy

The Federal Reserve has quietly pointed to a new source of strain in the economy, and it is not the usual debate over interest rates. Instead, policymakers are flagging a shift in credit conditions ... Read More

The economy is growing without adding many jobs, creating challenge for the Fed

Keeping the economy on track is becoming an increasingly tenuous task for the Federal Reserve with reduced hiring and AI-centric growth. Read More

Fed official forecasts huge economic shift coming soon

A growing number of Fed officials have been warning that inflation remains “too high” and could derail progress toward the central bank’s 2% goal. And the government shutdown means the Fed will be ... Read More

US economy saw stronger-than-expected job growth in September, but the unemployment rate rose

The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... Read More

Fed’s Daly Backs December Rate Cut, Citing Vulnerable Labor Market

The views of the San Francisco Fed president are significant because she has rarely deviated publicly from the position of Chair Jerome Powell. Read More

Wall Street sees the odds going up for another Fed rate cut in December

But there is still a stark divide among Fed officials on what the right path is thatcould lead to a tricky debate for Fed Chair Jerome Powell to navigate. He has been under pressure from the White ... Read More

Fed cuts interest rates for second time this year amid labor market weakness

The Federal Reserve on Wednesday announced its second interest rate cut of this year as policymakers moved to support the labor market despite inflation remaining above the central bank's target. Fed ... Read More

Federal Reserve likely to cut key rate Wednesday and may signal another cut to follow

WASHINGTON (AP) — 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

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

Fed Saw ‘Risks’ to the Labor Market in September, Prompting Rate Cuts

Federal Reserve officials agreed that a weakening labor market and upside risks to inflation warranted a shift to lower interest rates, minutes of the mid-September meeting of the central bank ... Read More

We’re Seeing What a No-Immigration Economy Looks Like

If we have sustainable employment growth combined with a low unemployment rate, it tells us that the labor market is healthy: When the number of new jobs created is roughly in sync with the number of ... Read More