US inflation data cemented big cut for one Fed official, dissent for another
Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage point, laid out on Friday the depth of the debate over the move, with one governor saying inflation was now so weak the large reduction was needed and another arguing price pressures remain so strong a smaller cut would have been better.
With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that ...
In the clamor of the campaign season, we are missing what should be a landmark event.
President Joe Biden signed the Inflation Reduction Act, the biggest investment in projects to combat climate change in ...
As inflation cools and the Federal Reserve cuts rates, an era of economic upheaval is coming to a close, but not without ...
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The root of the problem of higher prices, whether in the housing or food sector, is the imbalance in demand and supply.
Outnumbered’ co-hosts react to a Trump supporter’s response to questions from a CNN reporter on inflation as the economy ...
Economists told CBS News the calculation is incomplete, since average household incomes have also risen over that time period ...
With the Fed poised to cut rates for the first time in years, what have we learned about the economic disruptions of the ...
On this week’s episode of “Politics Explained,” theGrio’s Natasha S. Alford breaks down the political consequences of ...
The rate cut that everyone was waiting for finally arrived. Markets offered a resoundingly positive response to the end of ...
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