‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September
There are risks to easing monetary policy that cast a cloud over the rate cut outlook, High Frequency Economics’ Carl Weinberg told CNBC.
By nearly every barometer, inflation is still well above where most Americans, and in fact some Fed officials, feel comfortable.
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said...
Consumer spending held up in September, underscoring a resilient economy.
Economists polled by Reuters expected the headline rate to come in at 1.9% in its first dip below the Bank...
In fact, economists at Goldman Sachs think the Fed may already be there.
While tax hikes are focused on big corporations and high earners, the budget also contains politically-controversial measures.