Sep 15 Fed faces economic uncertainty and political pressure ahead of interest rate decision By Chris Rugaber, Associated Press Investors expect the Fed to reduce its benchmark interest rate by a quarter point, to about 4.1%. But it's not even clear which Fed officials will be making the decision. Continue reading
Sep 11 U.S. inflation worsened last month, putting Fed in difficult spot as job market slows By Christopher Rugaber, Associated Press The price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, putting the Federal Reserve in a tough spot as it prepares to cut rates at its meeting next week despite persistent price pressures. Continue reading
Sep 05 Watch 9:36 Chicago Fed president unpacks weak jobs report and what it says about the economy By Amna Nawaz, Karina Cuevas The labor market appears to have stalled this summer, according to the significantly weaker than expected jobs report. Employers added just 22,000 new jobs in August and revisions show the economy lost 13,000 jobs in June, the first net loss… Continue watching
Aug 29 Key U.S. inflation gauge holds mostly steady though core inflation ticks higher By Christopher Rugaber, Associated Press Prices rose 2.6% in July compared with a year ago, the Commerce Department said Friday, the same annual increase as in June. Continue reading
Aug 26 August consumer confidence dips with jobs and tariffs driving most unease By Matt Ott, Associated Press Americans’ view of the U.S. economy declined modestly in August as anxiety over a weakening job market grew for the eighth straight month. Continue reading
Aug 22 Watch 7:00 Powell hints at long-awaited rate cut but admits Fed in 'challenging situation' By Amna Nawaz, Jackson Hudgins In a closely watched speech, Fed Chair Jerome Powell gave the strongest indication yet that the central bank will cut interest rates as soon as September. With inflation ticking up and the job market cooling down, Powell said the Fed… Continue watching
Aug 22 WATCH: Powell signals Fed may cut rates soon even as inflation risks remain By Christopher Rugaber, Associated Press In a high-profile speech closely watched at the White House and on Wall Street, Powell said that there are risks of both rising unemployment and stubbornly higher inflation. Continue reading
Aug 19 Watch 7:36 The climate and market factors driving beef prices to record highs By Paul Solman, Diane Lincoln Estes Beef prices have soared to all-time highs with many families feeling the squeeze. Economics correspondent Paul Solman looks at the factors driving prices higher. Continue watching
Aug 14 U.S. producer prices surge in July as Trump tariffs push costs higher By Paul Wiseman, Associated Press The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers — was up 0.9% last month from June and 3.3% from a year earlier. Continue reading
Aug 12 Watch 6:07 Tariff-driven inflation accelerating with 'worst yet to come,' AEI's Michael Strain says By Amna Nawaz, Jackson Hudgins New inflation figures showed signs that President Trump’s tariffs are starting to have an impact on consumer prices. Overall inflation held steady, but core inflation, which is closely watched by the Fed and does not include volatile food and energy… Continue watching