The Dream of Fed Rate Cuts Is Slipping Away

Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets. Read More

Dow tumbles nearly 400 points as new inflation fears dent hopes of Fed rate cut

The S&P 500 and Nasdaq also pared losses, dropping 0.8% and 1.1%, respectively. Meta plunged 14.7% after the Facebook-parent forecast higher expenses and lighter-than-expected revenue. Other growth ... Read More

Weak GDP, strong prices, highlight Fed dilemma

U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two years, but the signs of slowing were ... Read More

GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen

Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the ... Read More

GDP Growth Trails Behind Forecast, Hinting at Rate Cuts

U.S. economic growth for the first quarter fell short of forecasts, a concerning sign that could shake up the Federal Reserve’s monetary-policy plans. Inflation-adjusted gross domestic product grew at ... Read More

When Will Fed Cut Rates? as US Economy Flexes Its Muscles, Maybe Later or Not at All

When Will Fed Cut Rates? as US Economy Flexes Its Muscles ... it remains stubbornly above the Fed's 2% target. Rapid economic growth could reignite inflation pressures, undoing the progress ... Read More

US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates

The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid pace. Read More

2 Fed officials offer reassurances about cuts in 2024 despite 'bumps' and 'uncertainties'

Meanwhile, Boston Fed president Susan Collins said she still expects to cut ... Economic Club of New York. “It may take longer to discern whether the economy is sustainably on a path back to 2% ... Read More

US STOCKS-Wall Street stocks fall as weak GDP growth spreads rate-cut gloom

Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S. economic growth and persistent inflation, coupled with a sell-off in large cap stocks ... Read More

Fed’s preferred inflation gauge rose 2.8% in February — reducing hopes for quicker rate cuts

The core Personal Consumption Expenditures Price Index — the Fed’s preferred ... previous estimate. The government had previously estimated that the economy expanded at a 3.2% rate last ... Read More

When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all

But now, with the U.S. economy showing surprising vigor, a different question has arisen: Will the central bank really cut rates three ... stubbornly above the Fed's 2% target. Read More