Inflation rose in August—driven by higher food, shelter, and travel costs—yet the Fed is expected to cut rates next week to counteract mounting labor market weakness. More
The Fed is expected to cut rates in September following further signs of a weaker labor market. Unemployment reached 4.8%, the most in 5 years, and hiring has slowed. More
Inflation remained elevated in July. Rising incomes fueled spending. But a weakening sentiment and a softer labor market raise questions on whether the Fed should cut interest rates. More
The CPI fell in July as gasoline prices fell, but rising service prices, tariff-driven goods inflation, and weakening job growth have raised concerns about stagflation, leaving the Fed with a difficult decision on whether to cut interest rates. More