Federal Reserve is set to cut rates again while facing a hazy post-election outlook
With inflation continuing to cool, the Federal Reserve is set to cut interest rates for a second time this year.
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Trump’s economic plans would worsen inflation, experts say
With characteristic bravado, Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely.”
US inflation reaches lowest point in 3 years, though some price pressures remain
Consumer prices rose just 2.4% in September from a year earlier, down from 2.5% in August, and the smallest annual rise since February 2021.
Federal Reserve cuts key rate by sizable half-point, signaling end to its inflation fight
The Federal Reserve cut its benchmark interest rate by an unusually large half-point.
Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates
Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the...
Rising unemployment spurs fears of slowdown, but recession signals have been wrong — so far
A surprising rise in the U.S. unemployment rate last month has rattled financial markets and set off new worries about the threat of a recession.
Fed Chair Powell says September interest rate cut is ‘on the table’ as inflation cools
Federal Reserve Chair Jerome Powell on Wednesday set the stage for the central bank's first rate cut in four years.
Vice President Harris will carry Joe Biden’s economic record into the election. She hopes to turn it into an asset.
A key question is looming for Vice President Kamala Harris as she edges closer to gaining the Democratic presidential nomination: Can she turn the Biden-Harris economic record into a political...
A healthy US economy’s secret ingredient: Immigrant workers, eager to fill jobs
Millions of jobs that new immigrants have been filling in the United States appear to solve a riddle that has confounded economists for at least a year: How has the...
US consumer price growth slowed last month as inflation shows signs of steady decline
WASHINGTON (AP) — Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year's steady easing of inflation. At the...