Economy News A Slower Economy, Lower Inflation The Odds Of A June Rate Cut Are Significant
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US economy saw stronger-than-expected job growth in September, but the unemployment rate rose
The Labor Department is finally releasing the jobs report for September, which was delayed for weeks due to the government shutdown. It is expected to show the economy added around 50,000 jobs that ... Read More
Sharp disagreements over economy threaten Federal Reserve interest rate cut
What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn infla ... Read More
Traders see the odds of a Fed rate cut by September at 100%
Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now 93.3% odds that the Fed’s target range for the federal funds rate, its key rate, will be lowered by ... Read More
Americans Grow More Worried About Economy As Confidence Drops To New Low, Forbes Says
Economic Confidence Declines In September S. economy fell more than expected in September, according to new data from the Conference Board. The drop signals growing unease over jobs, prices, and ... Read More
Federal Reserve faces dilemma amid expected rate cut decision
The Federal Reserve is set to announce its next interest rate decision on Wednesday and the monetary policy meeting comes as the economy is facing a weakening labor market as well as elevated ... Read More
Inflation dropped slightly to 2.5% in June in Fed’s preferred gauge
Inflation cooled to 2.5% for the year ending in June in the index favored by the Federal Reserve, the Bureau of Economic Analysis reported Friday, down a tenth of a percentage point from the previous ... Read More
Headline Rate Of Inflation Falls To 3.6% But Food Prices Shoot Higher
First Decrease Since March Stirs Hopes Of Lower Mortgage Rates By Christmas Data out today shows that the main rate of inflation edged ... Read More
Trump’s ‘golden age’ economic message undercut by his desire for much lower interest rates – which typically signal a weak jobs market
President Donald Trump seems to want to have it both ways on the U.S. economy. On the one hand, he recently said the economy is in its “golden age” and referred to the U.S. as the “hottest country ... Read More
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