Economy News Fed’s Kashkari Says Economy Strong, But Inflation Not Vanquished

Sharp disagreements over economy threaten Federal Reserve interest rate cut

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

Fed’s Waller Says Economy Feeling The Squeeze — Upcoming Jobs Data Won’t Dissuade Him From Bating For December Rate Cut

Waller wasn’t worried about inflation accelerating or inflation expectations rising significantly. ・He noted that slowing labor demand was underscored in surveys of employers and workers. ・The next ... Read More

Fed Cuts Rates; Powell Says Future Cuts ‘Far From’ Certain

The Fed lowered rates by 25 basis points to 3.75%-4.00% at its October meeting. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ... Read More

The shutdown is complicating the Fed’s ability to help the economy

The Federal Reserve was already facing one of its most difficult battles, steering a shifting economy through a weakening labor market and stubborn inflation. The government shutdown just made that ... 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

Fed Chair Powell Says December Interest Rate Cut Is ‘Far From’ Guaranteed

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More