The Federal Reserve cut its target federal funds rate by 25 basis points, signaling a likely additional cut in 2025 amid policy uncertainty. Fed projections tolerate above-target inflation through ...
Wow, did you see those job numbers? According to the latest nonfarm payrolls report, the U.S. economy only created 22K jobs in August. Now, this result was much lower than the anticipated 75K estimate ...
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ...
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