Deep rate cuts are necessary because the Fed's unprecedented hikes actually made inflation worse, Nobel-winning economist says

The Fed's higher borrowing costs discouraged home building, adding inflation pressure, Joseph Stiglitz said. Read More

Fed’s rate hikes risk U.S. recession

Report of the Board of Governors of the Federal Reserve System.😀😀😀😀 #markets #centralbanks #federalreserve #fed #econtwitter — Mohamed A. El-Erian (@elerianm) August 16, 2024 The Federal Reserve’s ... Read More

The economy is at a fork in the road

The economy could go one of two ways in the near future, and one last data point may make it clear. Read More

Inflation continues to cool ahead of the Federal Reserve's next rate decision

Almost all of the increase ... rate cuts, not panicky big cuts." The Fed has hiked interest rates to their highest point in 23 years as it strives to tame inflation while also keeping the U.S ... Read More

Fed Weighs September Rate Cut as Inflation Cools and Unemployment Rises

St. Louis Fed's ... outlook, indicating a potential shift in monetary policy. Fed aims for a "soft landing," lowering inflation without triggering a recession or deepening job market woes ... Read More

Inflation Slowed More Than Expected in July, Setting The Stage For Fed Rate Cuts

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 ... increase, below the 2% rate that ... Read More

Fed rate cut hopes stay alive as July core inflation eases

The monthly measure rose 0.2%, a slight pickup from June’s ... economy,” said Jeffrey Roach, chief economist at LPL Financial. “As inflation decelerates, the Fed can legitimately cut rates ... Read More

Is the U.S. headed for a recession? Here's what the experts say.

The Sahm Rule can be helpful as a potential forewarning of a recession before it's called by the National Bureau of Economic ... the Fed was battling inflation by hiking interest rates to their ... Read More

Federal Funds Rate History: Hikes, Cuts, and Policy

The FOMC’s policy decision to increase interest rates ... inflation and lay the foundation for a period of economic expansion. As the economy began to recover from the recession, the Federal ... Read More

Fed’s Bostic downplays recession fears, says interest-rate cut ‘is coming’

Atlanta Fed President Raphael Bostic said Tuesday. “A recession is not in my outlook. There is still enough momentum in the economy where we can see slowing and not see the labor market ... Read More

Understanding the elusive economic soft landing

One of the most critical elements is the Federal Reserve’s ability to manage inflation rates without ... stifle economic growth and lead to a recession. Historically, soft landings have been ... Read More