Federal Reserve policymakers are expected to cut interest rates at their meeting next month, but policymakers will be watching fresh inflation data ahead of the decision.
Category: United States Economy
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Kamala Harris Set to Lay Out Economic Agenda in North Carolina Speech
The vice president is expected to recalibrate President Biden’s policy themes in a bid to turn the Democratic economic agenda into an asset.
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Inflation Report Is Next Hurdle for Stock Markets Shaken by Volatility
A sharper-than-expected rise or fall in the Consumer Price Index could intensify worries on Wall Street about the economy’s prospects.
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How Food Prices Have Changed During the Biden Administration
Grocery prices are no longer rising as rapidly, but food inflation remains a top issue for voters, polls show.
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The Big Number: $8.4 Billion
Disney’s weaker-than-expected revenue at its theme park unit.
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Trump’s Tax Plan Could Add to the National Debt. Harris’s Is a Mystery
The former president’s proposals to cut taxes would lose far more revenue than his plans to raise tariffs. The vice president has not addressed fiscal policy in detail.
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After Stock Market’s Wild Week, Wall Street Wonders What’s Next
Investors now have a factor to consider beyond the pace of inflation: Could the next sign of sputtering economic growth send stocks into a tailspin?
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Wall Street on Edge After a Week of Wild Swings
Investors now have a factor to consider beyond the pace of inflation: Could the next sign of sputtering economic growth send stocks into a tailspin?
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Trump Suggests that President Should Have a ‘Say’ in Interest Rates
Donald J. Trump suggested presidents should have input on interest rates, a comment likely to stoke fears that he could try to limit the Federal Reserve’s political independence.
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30-Year Home Mortgage Rate Falls to 6.47%
The key mortgage rate had its biggest one-week decline of the year, falling to the lowest level in 15 months.
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Fed Rate Cuts Are Expected Soon, as Inflation Cools. But Will They Be Early Enough to Avoid a Recession?
The Federal Reserve was about to cut interest rates, turning the corner after a long fight with inflation. But now, its soft landing is in question.
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The Jobless Claims Report Could Upset Topsy-Turvy Markets
A key jobless claims report could join a hiring slowdown, corporate earnings, growth worries in weighing on investors during an August to forget.