Fed’s Powell Says No Need to Hurry Rate Cuts With Economy Strong
Federal Reserve Chair Jerome Powell said the recent performance of the US economy has been “remarkably good,” giving central bankers room to lower interest rates at a careful pace.
Traders keep bets on Dec rate cut after latest US economic data
Futures tied to the Federal Reserve's policy rate edged down after data showed wholesale prices firmed a little more than expected last month, though not enough to suggest traders have lost confidence that the U.
U.S. inflation rose 2.6% in October, a month after the Federal Reserve began cutting rates
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began cutting interest rates amid signs of cooling prices and a weaker labor market.
Are the Fed's Rate Cuts Over Now That Inflation Is Rising Again?
Inflation wreaked havoc on Americans' finances for much of 2022 and 2023. But thankfully, things have been better this year, with annual inflation rising at a much slower pace. Unlock a bonus worth $250 and pause interest into 2026 – this credit card is the perfect combo!
Inflation rises slightly as economy reacts to interest rate cuts
New data shows inflation rose slightly as the Federal Reserve navigates interest rate cuts following signs of cooling prices and a weaker labor market. CBS News contributor JD Durkin has more.
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Heading into election, economy looked good — on paper. Here's why that didn't help Harris
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Fed chairman Jerome Powell calls US the best-performing major economy in the world
WASHINGTON - The recent performance of the US economy has been “the best of any major economy in the world,” Federal Reserve ...
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Economists predict above-trend economic growth in 2025: Wolters Kluwer
Economists at companies ranging from Goldman Sachs to Ford Motor and KPMG to Wells Fargo now see only a 27% probability of ...
Gold slips to 2-month low on dollar strength; focus on US data
Markets are dismissing gold as a hedge against inflation, despite Trump's policies potentially raising US inflation.
U.S. Jobless Claims Drop to Six-Month Low
According to the Labor Department, jobless claim applications decreased by 4,000 to 217,000 for the week of November 9.
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Let’s not sugarcoat things. The outcome of the 2024 U.S. presidential election represents a setback for climate action. The ...
Economy Minister Says Mexico Can Mediate in US-China Dispute
Mexico’s top economy official said that his nation can be a key intermediary as the US seeks to decouple from China.
US mortgage rates dip, but economists see volatility ahead
The average rate on a 30-year mortgage is still down from its 2024 high of 7.22% in May, but above a low of 6.08% in late ...
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What Trump's presidential election win means for the US economy
Donald Trump won the US presidential election, gaining 295 electoral votes to Kamala Harris’s 226. It also looks possible ...
El-Erian Says Europe’s ‘Ugly’ Economy May Keep Its Currency Weak
A growing economic gap between the US and Europe threatens to further weigh on the common currency and European debt, ...
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IMF’s Gita Gopinath understands why U.S. voters were unhappy with the economy: ‘It’s not surprising the way people feel’
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