Inflation Stays Firm, but Not Enough to Derail December Fed Cut
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
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Inflation impacts small businesses, City of Winchester offers grants to ease financial burden
In Winchester, the city is trying to combat the effect of inflation on small businesses. Winchester is doing that via the ...
How a Trump administration could affect California’s housing crisis
If those are any indication, a Trump presidency will likely make it harder for immigrants, including mixed-status households, ...
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Gold bar scam sweeping Wisconsin, costing residents their life savings
The receipts are for gold bars that she purchased after scammers convinced her that her bank account was hacked. A grand total of $433,279.53 was taken from the Prescott, Wisconsin, woman, mainly from ...
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A Deep Dive into the Drivers of CPI Inflation: Introducing Our New Data Page
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market ...
Stock market today: Asian stocks climb after Wall Street's post-election boom slows
Asian shares are mostly higher after U.S. stocks slipped as the market’s rally following Trump’s election victory continued ...
Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Economists expect the Fed to announce another quarter-point rate cut in December, after a quarter-point reduction last week ...
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What payment firms want from real-time's next chapter
Real-time payments and FedNow were top of mind at The Clearing House's Annual Convention this week. Here's how banks and ...
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Policymakers defend Fed independence amid concerns about Trump era
Two senior Federal Reserve officials praised the US central bank's independence on Thursday, amid concerns that ...
Fed Chair Powell Says There’s No Need to ‘Hurry’ to Cut Rates
A strong economy is giving Federal Reserve officials room to move “carefully” as they lower interest rates, the central bank ...
Powell says the Fed doesn't need to be ‘in a hurry' to reduce interest rates
The strength we are currently seeing in the economy gives us the ability to approach our decisions carefully,” Powell said.