Fed Abandons Its New Monetary Policy Framework With 25 Basis Point Rate Cut

The Federal Reserve cut rates by 25 basis points to 4.00%-4.25%, citing labor market risks despite rising inflation. Click ...

Inflation fears surge to highest since ‘liberation day’ as Fed cuts rates

Going into the latest Fed meeting, bond markets were already predicting inflation would average 2.4% a year over the next five years, well above the Fed’s 2% target. After the meeting and Powell’s ...

Putin says Russia is curbing economic growth to control inflation, recession 'far away'

President Vladimir Putin said on Thursday that Russia is deliberately slowing its economic growth in order to suppress ...

‘No One Should Be Very Confident’: Four Economists Dissect Trump and the Economy

Ms. Patterson is an economist who has held senior roles at JPMorgan Chase and Bridgewater Associates. Mr. Cass, Dr. Furman ...

Cranking Up The Inflation Machine: Fed Delivers Rate Cut

The FOMC voted 11-1 to cut the federal funds rate by a quarter percent, setting the interest rate between 4 and 4.25 percent.

Fed Officials Mostly Expect Inflation Uptick to be ‘Short-Lived’

With trade policy continuing to fluctuate, the effect of higher tariffs on the overall economy remains uncertain. But Powell ...

Recession and ‘stagflation’ loom as economic concerns

Given sticky inflation and the slowing jobs market, some economists fear a recession or the possibility of stagflation.

Russia’s central bank reveals GDP is shrinking, in a sign Putin’s war economy has slipped into recession

A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the ...