Despite inflation persisting at nearly twice the Federal Reserve’s maximum target rate of 2%, Moody’s chief economist Mark Zandi has called upon the central bank to slash interest rates. It’s not that ...
For months, voters have wanted a straight answer on whether the inflation shock is finally behind them or just hiding in the data. The Treasury secretary has now given the clearest response yet, ...
A data-dependent Federal Reserve will likely push back the timing of its first interest rate cut after the Consumer Price Index (CPI) revealed that inflation accelerated sharply last month. Headline ...
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