The government shutdown is likely to cement additional Fed interest rate cuts
Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting of the Federal Open Market Committee
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Jerome Powell
Core inflation rate held at 2.9% in August, as expected, Fed’s gauge shows
Core inflation was little changed in August, according to the Federal Reserve’s primary forecasting tool, likely keeping the central bank
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Jobless claims tumble to 218,000, well below estimate despite fears of labor market weakness
Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal Reserve and
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New Trump appointee Miran calls for half-point cut in only dissent as rest of Fed bands
Stephen Miran, chairman of the Council of Economic Advisers and US Federal Reserve governor nominee for US President Donald Trump,
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Hassett says Fed made ‘prudent call,’ signaling White House OK with quarter-point cut
The Federal Reserve’s decision to cut its key borrowing rate by a quarter percentage point seems to be sitting well
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Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump
Prices consumers pay for a variety of goods and services moved higher than expected in August while jobless claims accelerated,
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Financial CEOs are weighing in on the state of the economy
Some of America’s top financial services executives are starting to issue warnings about the economy. Saying they’re seeing signs of
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Trump asks appeals court to let him fire Lisa Cook before next week’s Fed meeting
U.S. President Donald Trump and Lisa Cook, governor of the U.S. Federal Reserve Annabelle Gordon | Reuters | Al Drago
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5 takeaways from the producer price inflation report with another key reading on tap
Customers look over clothing items displayed on April 18, 2025 at a Costco branch in Niantic, Connecticut. Robert Nickelsberg |
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U.S. economy is worse than thought with 1.2 million fewer jobs — what that means for the Fed
A construction worker is shown on the job site at a multi-unit residential housing project in Encinitas, California, U.S., July
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