Consumer confidence index fell by 3.6 points to 94.2 in September, down from August’s 97.8. The Fed’s first cut since December lowered its short-term rate to about 4.1%, down from 4.3%.

Economic growth is expected to remain tepid through the second half of 2025, he said.

Disagreement and dissent among the Federal Reserve's 19-strong monetary policymaking committee is deepening as the fog of ...

At The Brookings Institution, Washington, D.C.. Today, I would like to speak to you about how I see the U.S. economic outlook evolving, specifically through the lens of the dual mandate given to the ...

After a week of intense policy meetings, the Federal Reserve, European Central Bank, and Bank of Japan have taken divergent paths in tackling economic challenges. Although global growth fears have ...

Federal Reserve officials on Monday continued pressing competing views of where the economy stands and the risks facing it, a ...