The U.S. economy is strong by one measure. Why the Fed is set to lower borrowing costs anyway.
A giddy Wall Street projects the Federal Reserve will dramatically reduce interest rates over the next year, even though the U.S. economy seems to be growing rapidly. Odd? Not at all, economists say.
Fed Chair Powell says interest rate cut made to maintain strong U.S. economy
Federal Reserve Chair Jerome Powell said during a Wednesday press conference that the first interest rate cut since 2020 is designed to maintain the strong U.S. economy.
Fed set to cut interest rates: What it could mean for inflation, economy, jobs
The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the presidential election.
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.
Trump Says Fed's Rate Cut Was 'Political Move'
Republican presidential candidate Donald Trump said on Thursday the U.S. Federal Reserve's decision to cut interest rates by half of a percentage point was "a political move." "It really is a political move.
Trump seizes on Fed rate cut to open new line of attack on economy
Trump attributed the rate reduction to either a "very bad" economy or to the Fed's "playing politics" to help Democrats.
Why a Key Benchmark for Borrowing Costs Has Gone Up Since the Fed Cut Rates
The Federal Reserve cut short-term interest rates by 0.5 percentage point on Wednesday. Since then, a key benchmark for borrowing costs in the U.S. has gone…up, instead of down. In recent trading, the yield on the benchmark 10-year U.
I wonder if the Fed rate cut was politically motivated: Jason Trennert
Strategas chairman and CEO Jason Trennert reacts to the Federal Reserve slashing rates ahead of the election on 'Maria Bartiromo's Wall Street.'
What’s Next for Rate Cuts? The Fed Is Watching Jobs and Prices.
A Federal Reserve official predicted quarter point rate cuts if data looked ‘fine’. But he also set out a scenario for a pause — or faster reductions.
Global equity funds draw big inflows ahead of Fed rate cut
Global investors scooped up equity funds in the week to Sept. 18, anticipating the Federal Reserve's interest rate cut to initiate its long-awaited reduction cycle.
Will the Fed cut interest rates again this year? Experts weigh in.
MORE: What does the Fed interest rate cut mean for mortgages and homebuyers? By the end of 2024, interest rates will fall another half of a percentage point from their current lev
Leading index for U.S. economy falls for sixth straight month, signaling slower growth ahead
The leading indicators for the U.S. economy sank 0.2% in August, the privately run Conference Board said Thursday. That is ...
Yellen on soft-landing prediction: ‘I believe that’s exactly what we’re seeing in the economy’
Treasury Secretary Janet Yellen said on Thursday she believes the U.S. economy is making the “soft landing” that she ...
‘Politics Explained’: Is Biden or Trump to blame for inflation? And how will Harris or Trump change the economy?
On this week’s episode of “Politics Explained,” theGrio’s Natasha S. Alford breaks down the political consequences of ...
U.S. Importers Are Pulling in Goods Early as Possible Port Strike Draws Closer
Retailers and manufacturers are rushing in merchandise and pushing shipments to other gateways as walkouts on the East and ...
Trump’s con job on the economy | Editorial
A Harris presidency would be better for job growth, too, economists with Goldman Sachs predict: Under Harris, the U.S. would ...
U.S. Retail Sales Tick Up in Boost to Economy
The data suggests that Americans continue to spend more at retailers, offering a slight boost to the economy as the Federal ...
Climbing car sales, more repos: What's driving our 'wacky' auto economy
Cars have long been a key component of the American economy, and the current state of the auto market reflects a series of ...
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Hispanic women fueling US economy, report says
A report from Bank of America found that the Latina contribution to the U.S. economy is significant, and that Hispanic women make up over 30% of labor force growth.
Two Steps Forward, One Step Back For Economy
Jeff Schulze of ClearBridge notes the U.S. market rebounded in August, with jobless claims steady, signaling resilience ...