The candidates provided more detail on how they would bolster the economy, with ideas ranging from tariffs to more assistance for Black entrepreneurs.
Category: Federal Reserve System
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Trump Says ‘Growth’ and Tariffs Will Pay for $15 Trillion Agenda
In a combative interview, the former president hinted at even higher tariffs as an economic magic bullet.
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Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.
Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”
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Meet Michelle Bowman, the Fed Official Cited by JD Vance
Michelle Bowman, a Trump-appointed Fed official recently cited by JD Vance, has been gaining prominence.
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TD Bank Pleads Guilty and Pays $3 Billion to Settle Money-Laundering Case
The penalty was the largest ever imposed by U.S. officials on a bank for violating anti-money laundering laws, and regulators imposed a cap on TD’s ability to accept new deposits.
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Inflation Expected to Cool in September C.P.I. Report
The Consumer Price Index has been gradually easing, a trend that is expected to persist in September data.
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Fed Officials Debated Whether a Big Rate Cut Was Smart in September
Freshly released minutes from the central bank’s September meeting show that policymakers were divided on how much to cut rates.
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Jobs Report Adds to Economic Momentum for Harris
In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also cut interest rates, bringing mortgage rates down.
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Jobs and Oil Prices Are Keeping Markets on Edge
Friday’s jobs report could bolster the view that the American economy is holding steady, but an oil price shock could undercut that sense of calm.
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Fed Chair Powell Underscores That More Rate Cuts Are Coming
Jerome H. Powell, chair of the Federal Reserve, said that inflation is down and unemployment up “significantly,” and that rates will move down “over time.”
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The Fed’s Preferred Inflation Gauge Cooled in August
Inflation has been slowing for months, which has paved the way for Federal Reserve interest rates cuts.