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Economic News Reports

Federal Reserve Chair Jerome Powell said the 50-basis-point cut in the central bank’s policy rate earlier this month was a sign of confidence in the economy and the labor market.
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Source:www.marketwatch.com


Posted: 2024-10-01 10:57:00

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Economy News: Does the economy need a boost? Here’s an argument for an interest-rate cut.

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One of the chief reasons the Federal Reserve should cut interest rates now, a top central banker argues, is because the economy has gotten weaker and is likely to stay weak for the rest of the year.
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Economy News: CNBC Daily Open: The U.S. economy is not built on rock and roll

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Economy News: Consumers Maintain Improved Sentiment as Economy Weathers the Storm of Tariffs

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But, for now at least, a steady if unspectacular job market and a stock market hitting new highs appears to be enough to keep consumers spending. Given that consumer spending accounts for more than ...
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Economy News: The kitchen sink has been thrown at the economy. Here’s why it’s not causing a recession.

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“‘Labor hoarding’ has been a widespread trend over the last couple of years as businesses fear that they will struggle to find labor of all skill levels when business conditions pick back up,” Thomas ...
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Source:www.msn.com

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Economy News: The kitchen sink has been thrown at the economy. Here’s why it’s not causing a recession.

Fri, 18 Jul 2025 13:07:53 +0000
Tariffs, trade wars, lingering inflation and high interest rates — all of these drains on the economy have not been enough to plunge the U.S. into recession. How come? Simple. Most people who want a ...
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Related Bing News Results

Oil steadies as mixed US economic and tariff news offset new Russia sanctions

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Crude oil futures were little changed on Friday on mixed U.S. economic and tariff news and worries about oil supplies following the European Union's latest sanctions against Russia for its war in ...

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Uncertainty lingers in Arkansas economic outlook, according to Fed report

Wed, 16 Jul 2025 14:52:00 GMT
Economic activity in Arkansas was mostly unchanged this summer, according to the latest Beige Book report from the Federal Reserve Bank of St. Louis released Wednesday.

Economy rebounds from trade-war lows, Fed finds, but hiring is weak and inflation is likely to rise

Wed, 16 Jul 2025 11:58:00 GMT
A sluggish U.S. economy grew slightly faster in the past month after trade wars eased, but companies were hesitant to hire and many began to partially raise prices to offset higher tariffs, according ...


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