The Federal Reserve may have pretty much just hit its 2% inflation target

[ad_1] Federal Reserve Chairman Jerome Powell arrives to a news conference following the September meeting of…

Inflation rate hit 2.4% in September, topping expectations; jobless claims highest since August 2023

[ad_1] The pace of price increases over the past year was higher than forecast in September…

White House ‘in touch’ with airlines as hurricanes Helene, Milton spark price-gouging fears

[ad_1] US Transportation Secretary Pete Buttigieg attends a Cabinet meeting with US President Joe Biden in…

Fed rate cuts should favor preferred stocks, Virtus money manager says

[ad_1] One financial firm is trying to capitalize on preferred stocks – which carry more risks…

Powell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’

[ad_1] Federal Reserve Chair Jerome Powell said Monday that the recent half percentage point interest rate…

European shares close at record high; luxury giants rally on China stimulus

[ad_1] Krisztian Bocsi | Bloomberg | Getty Images LONDON — European markets closed at a fresh…

Key Fed inflation gauge at 2.2% in August, lower than expected

[ad_1] Inflation moved closer to the Federal Reserve’s target in August, easing the way for future…

September consumer confidence falls the most in three years

[ad_1] Consumers’ view on the economy tumbled in September, falling by the largest level in more…

Fed Governor Waller backs interest rate cut at September meeting, open to larger move

[ad_1] Federal Reserve Governor Christopher Waller on Friday backed an interest rate cut at the upcoming…

It’s a big week for central banks around the world, with a slew of rate moves on the table

[ad_1] Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference…

Montana’s hot housing market heats up critical Senate race

[ad_1] MISSOULA, Mont. — In a subdivision near the northern edge of town, a number of…

Yellen says U.S. economy remains solid, on path to ‘soft landing’ with no meaningful layoffs

[ad_1] U.S. Secretary of the Treasury Janet Yellen speaks listens to a presentation during a tour…

The Fed’s favorite inflation indicator increased 0.2% in July, as expected

[ad_1] Inflation edged higher in July, according to a measure favored by the Federal Reserve as…

The Fed’s preferred inflation indicator is out Friday. Here’s what to expect

[ad_1] A customer shops at a supermarket on August 14, 2024 in Arlington, Virginia.  Sha Hanting…

Increased sausage demand could be worrying signal on the economy

[ad_1] A meat counter showing a variety of sausages at a Fred Meyer grocery store, a…

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