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The economy is chugging along, but consumers are uneasy
The Federal Reserve weighs its first rate cut since December as wealthier consumers prop up spending levels and the job market shows signs of weakness. Read More
Q2 GDP growth revised higher to 3.3%, PCE increase revised lower to 2.0%
U.S. Q2 GDP growth, annual rate, revised to +3.3% Q/Q from the initial estimate of 3.0%, the Commerce Department's Bureau of Economic Analysis said on Thursday. The measure compares with the 3.1% ... Read More
Takeaways: If you’re confused about what’s next for the US economy, so is the Fed
The Federal Reserve on Wednesday lowered interest rates for the first time since December to support America’s faltering labor market. However, the economy’s path forward looks murky, according to the ... Read More
Fed's favored inflation gauge shows consumer price pressures remained elevated in July
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in July, as the central bank mulls an interest rate cut at its meeting next month. The Commerce ... Read More
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