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The July CPI report has put the Federal Reserve in a “predicament” regarding a September rate cut, as stubbornly high core inflation conflicts with a weakening labor market, fueling fears of ...
A fresh reading on inflation showed tariffs are pushing goods prices higher for Americans, creating a dilemma for the Federal ...
According to the BLS, the Consumer Price Index for All Urban Consumers (CPI-U) rose 0.2% on a seasonally adjusted basis in ...
Economists broadly expect inflation to remain well above the central bank’s 2 percent target through the end of the year.
The July inflation report is crucial for markets. Sources say both a too-hot and a too-cold CPI reading would be a concern for the economy.
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Fed Independence Concerns Rise Over Trump's Rate Pressure Campaign
Trump sent Fed Chair Powell a handwritten note demanding lower interest rates to reduce government borrowing costs. Experts argue dramatic rate cuts could compromise Fed independence and reignite ...
The Federal Reserve's vice chair of supervision, Michelle Bowman, on Saturday said recent weak job data underscores her ...
Economists caution new tariffs could pose economic risks, but the White House says growth is rebounding amid low inflation.
Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting ...
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