New Study Shows US Tariffs on China May Harm Economy More Than Expected
A Federal Reserve Bank of New York study warns that recent US tariffs on Chinese imports could negatively impact the economy more than official data suggests.
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US Core Inflation Surges as Fed Pauses Interest Rate Cuts
The Federal Reserve pauses interest rate cuts amid rising core inflation and volatile food prices, signaling cautious economic recovery.
Federal Reserve Kicks Off First Meeting of Trump’s Second Term
The U.S. Federal Reserve begins its first meeting of the year under President Donald Trump’s second term, focusing on potential interest rate changes to combat inflation.
Wealth Inequality in the US: Half of Households Hold Just 2.4% of Total Wealth
Half of U.S. households hold only 2.4% of the nation’s total wealth, highlighting significant wealth inequality. Median household net worth stands at $192,000, compared to an average of $1.2 million.
Former Fed Vice Chairman Advocates for Continued Interest Rate Cuts
Former Fed Vice Chairman Donald Kohn emphasizes the importance of initiating and maintaining interest rate cuts as inflation slows and the labor market weakens.
Federal Reserve Implements Historic 0.5% Interest Rate Cut
The Federal Reserve has made a historic decision to cut its benchmark interest rate by 0.5%, aiming to boost economic growth during challenging financial times.
Fed Slashes Rates by 50 Basis Points Amid Cooling Inflation
Breaking: The U.S. Federal Reserve has cut interest rates by 50 basis points for the first time since 2020, signaling a shift to easing amid cooling inflation and a stabilizing labor market.
US Anticipates First Interest Rate Cut Since March 2022
Americans brace for a potential interest rate cut by the Federal Reserve in September, marking the first since March 2022.
US Consumer Inflation Hits Lowest Annual Rise Since 2021
US consumer inflation eased to 2.9% in July, the smallest annual rise since March 2021, signaling positive progress for the Federal Reserve.
Fed Holds Interest Rates Steady, Signals Possible Cuts to Combat Inflation
The U.S. Federal Reserve maintains current interest rates but hints at possible cuts by September to tackle ongoing inflation.
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