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Federal Reserve policymakers projected inflation will rise to 3% in 2025 while unemployment will reach 4.5% as the central ...
With the U.S. economy facing headwinds, the Federal Reserve faces pressure to trim interest rates this week for the first ...
Ms. Patterson is an economist who has held senior roles at JPMorgan Chase and Bridgewater Associates. Mr. Cass, Dr. Furman ...
The Congressional Budget Office has released new economic projections, indicating that unemployment, inflation and overall ...
Increases in the costs of food, shelter and energy caused inflation to spike and increase the likelihood of an interest rate ...
Inflation rose last month as the price of gas, groceries, and airfares jumped, while a measure of layoffs also increased, ...
Inflation is not like a virus that spreads through a population; it is the result of an imbalance between the supply of money ...
Consumer spending is a crucial part of the US economy, accounting for about two-thirds of its growth. And judging from retail ...
Spending] may well be skewed toward higher-earning consumers,” Powell said. “There’s a lot of anecdotal evidence to suggest ...
The Bank of England holds rates as it seeks to tackle inflation, which remains well above above its 2% target.
Australia’s central bank is “pretty close” to getting inflation back to the midpoint of its 2-3% target while the economy is ...