Surveys were delayed and some cannot be collected at all, officials said, further complicating the Federal Reserve’s decision on interest rates next month.
Category: Federal Reserve System
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The Fed Is Cutting Bank Oversight. Critics See Risks.
The regulator is cutting staff and easing oversight in ways that critics say might make supervisors less equipped to spot a crisis in advance, risking deeper damage to the economy.
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Former Fed Official Violated Trading Rules, Disclosures Show
Adriana D. Kugler, who stepped down as a governor in August, reported trades in stocks, including Apple and Southwest Airlines, in 2024.
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Trump Turns to Affordability Message Amid Economic Frustration
The Trump administration is facing backlash from American consumers as higher costs from tariffs blunt wage gains.
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As Consumer Bureau’s Cash Dwindles, Trump Administration Declares Its Funding Illegal
The Justice Department embraced a novel conservative legal theory that it said blocked the Federal Reserve from funding the agency.
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Atlanta Fed President to Step Down in February
The departure of Raphael W. Bostic, who has served in the role since 2017, would create a new vacancy at the central bank.
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With Mortgage Rates Declining, Should You Refinance?
More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider.
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The Job Market Is Cooling but Not Collapsing, According to Private Data
The federal government shutdown canceled a second straight jobs report, but private data sources suggest the labor market has weakened modestly since summer.
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The Fed’s Recent Rate Decisions Have Been Divisive. It Is Likely to Get Worse.
The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor market and resurgent inflation.
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Trump Aides Raise Recession Fears, and Point Fingers at the Fed
Treasury Secretary Scott Bessent said some sectors were in a recession as he argued for more interest rate cuts.
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The Economic and Legal Case Against Trump’s Tariffs
A key part of the president’s trade policy faces scrutiny by the Supreme Court this week, with huge implications for business.