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The Fed just cut rates. But relief might not come quickly enough for some Americans
The Federal Reserve cut interest rates on Wednesday for the first time this year, a move that could provide some relief for Americans from the higher cost of living. But there is a deepening ... Read More
The economy is reliant on the ‘fortunes of the well-to-do’ says Moody’s—if the ultra-rich get nervy that means recession
Mark Zandi says of the rich: "If they turn more cautious, for whatever reason, the economy has a big problem." ... Read More
America is barrelling toward a 'deflationary shock' as 3 forces hit consumer demand, a top economist says
There's a risk that inflation could turn negative soon, David Rosenberg says. The top economist thinks the US is headed for a "deflationary shock." Tariffs, immigration policies, and an aging ... Read More
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