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Fed jacks up 2025 inflation forecast to 3% — but it doesn’t expect price increases to last
Inflation is likely to rise sharply through the rest of the year, the Federal Reserve's latest forecast indicates, due to the aftereffects of U.S. trade wars. But not for long. The bank upped its estimate of year-end inflation to 3% from a previous estimate of 2.
Look, wildfires are likely not the only reason for this rent-hike gap. For example, an apartment construction rush outside of ...
When the Fed reduces its rate, it often — though not always — leads to lower costs for consumer and business borrowing, ...
Amidst a slight cooling in economic activity, inflation has been making decent progress towards the 2% target. Click to read.
The Federal Reserve is widely expected to hold rates steady at the conclusion of its policy meeting Wednesday, but the big ...
Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ‘meaningful’ inflation ahead - Nation and World ...
While the policy interest rate was left unchanged, Fed officials are still suggesting rate cuts are likely this year. Click ...
The equity markets were slightly positive for the week, through Thursday. Then hostilities broke out in the Middle East.
Traders work, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate ...
The Fed is expected to hold rates today, but soft jobs data and easing inflation point to a possible cut later this ...
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