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Fed rate cuts could become more likely after key inflation report
Fortune· 3 hours agoEconomists expect no change in the May personal consumption expenditures price index and a minimal 0.1% gain in the core measure that excludes food and energy, based on median projections ...
Goldman says US jobs market at inflection point, sticks to call for two rate cuts
Investing.com· 6 days agoThe U.S. labor market is at a key juncture, with mixed signals that could impact the Federal...
The Fed Has Avoided a Recession. But Some Have Been Left Behind.
Barrons.com· 10 hours agoFederal spending and the central bank’s balance sheet have created an uneven economy where some...
Gateway - Quartz
Quartz· 5 days agoOfficials at the US Federal Reserve predicted that the rate of average annual inflation will come down to 2% in 2026, as the central bank’s monetary policy committee left rates unchanged in ...
Jamie Dimon believes U.S. public debt is the ‘most predictable crisis’ the economy faces—and yet in...
Fortune via Yahoo Finance· 2 days agoDebt held by the public will rise from 99% of GDP this year to 122% by 2034—surpassing its previous...
French CAC Index plunges: What’s driving the decline?
The Forex Market· 2 days agoThere has been a significant discrepancy between the US and EU stock markets, especially the French...
Retail sales increase less than expected in May
Yahoo Finance via AOL· 5 days agoDeutsche Bank chief US economist Matthew Luzzetti noted that was...The report comes less than a week after the Federal Reserve's revised Summary of...
Pound Sterling weakens in the aftermath of UK weak PMIs and robust Retail Sales
The Forex Market· 2 days agoThe Pound Sterling (GBP) remains on the back foot in Friday’s American session against the majority...
Americans' spending patterns are flashing a warning of a possible consumer-led recession
Business Insider via Yahoo Finance· 21 hours agoThose spending cuts could deal a blow to GDP, which has already softened after a remarkably strong...
ECB to cut rates in Sept and Dec, risks skewed towards fewer cuts - Reuters poll By Reuters
Investing.com· 5 days agoThe European Central Bank will cut its deposit rate twice more this year, in September and December,...