US economy's fate hangs on jobs report as Fed decides how deep cuts will go

Data on unemployment may influence how deep the Fed cuts interest rates as the US economy is at a tipping point. 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

The Fed Needs to Pull the Plane Up

Last Friday we got the latest numbers on the Fed’s preferred measure of inflation. It’s running slightly above 2 percent, the target rate, but we know that this small overshoot largely reflects ... Read More

Fed Official Says Economy Showing Strength, No Need to Rush Interest Rate Cut

The Fed's policy committee opted last week to leave the influential fed funds rate unchanged at its highest level since 2001, though Fed Chair Jerome Powell did say the committee could start ... Read More

Fed's Williams Says Time Has Arrived to Start Rate Cuts

NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams said on Friday a more evenly balanced economy has opened the door to central bank rate cuts, with the full course of action ... Read More

Fed policymakers say they are ready to start cutting interest rates

They noted a cooling in the labor market that could accelerate into something more dire in the absence of a policy shift. Read More

Economic Growth is Cooling, But Jobs Market Remains Stable, Fed Report Shows

The Federal Reserve Beige Book said economic growth was slowing in some places, but that labor markets remained stable. Read More

Understanding the federal funds rate: What it is and how it affects your wallet

The fed funds ... and the economy slows down. However, slowing economic activity can lead to rising unemployment and even a recession. When that happens, the Federal Reserve needs to give the ... Read More

Talk of Fed Rate Cut Turns to How Big It Will Be

With several reports, including August job numbers, suggesting the US labor market is losing steam, Fed watchers are wondering if the Fed will make a bigger-than-expected interest-rate cut when it ... Read More

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

For much of 2024, it appeared the Federal Reserve had successfully navigated ... they are seeing rising risks the economy could slip into a contraction. "It's not that the macroeconomic ... Read More

For the Fed, a Sign That the Job Market Is Cooling but Not Cracking

Fed officials are hurtling toward a rate cut this month, but Friday’s jobs data left their options open on the size of that reduction. Read More

Federal Funds Rate History: Hikes, Cuts, and Policy

The federal funds rate is a key benchmark that affects rates on loans and bank accounts across the country. It rises in times of rapid growth to tamp down inflation. The rate is cut to stimulate ... Read More