WASHINGTON (Reuters) -Federal Reserve officials, already expected to cut interest rates next week, may also be closer to settling a months-long debate over the risks of stagflation after recent data showed longstanding weakness in hiring and easing inflation concerns. The shift in tone began this summer, led by dissents in July from two Fed governors who wanted to cut rates...

Inflation in the Seattle area inched up over the summer, sparking concerns that prices are starting to rise quickly again after a few years of welcome cooling. In the Seattle, Tacoma and Bellevue region, prices for goods and services increased 2.8% over the year ending in August, according to the latest consumer price index published Thursday. That's a 0.1 percentage...

(Reuters) - President Donald Trump's administration on Thursday asked a federal appeals court to let Trump remove Federal Reserve Governor Lisa Cook for now, a move Cook's lawyers said could cause market turmoil with the central bank set to meet next week to decide on interest rates. Trump moved to fire Cook in late August, but U.S. District Judge Jia...

(Reuters) - President Donald Trump's administration on Thursday asked a federal appeals court to let Trump remove Federal Reserve Governor Lisa Cook for now, a move Cook's lawyers said could cause market turmoil with the central bank set to meet next week to decide on interest rates. Trump moved to fire Cook in late August, but U.S. District Judge Jia...