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Bank of England Cuts Interest Rates, but Warns Inflation Will Fall Slowly
Posted inBailey, Andrew (1959- ) Bank of England Economic Conditions and Trends Great Britain Inflation (Economics) Interest Rates Labour Party (Great Britain)

Bank of England Cuts Interest Rates, but Warns Inflation Will Fall Slowly

The central bank said that future cuts would be gradual after spending increases were introduced in the government’s new budget.
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Posted by By Eshe Nelson
Here’s What to Watch as the Fed Meets Thursday
Posted inBanking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Trump, Donald J United States Economy

Here’s What to Watch as the Fed Meets Thursday

Federal Reserve officials are widely expected to cut rates by a quarter point, as uncertainty about a second Trump presidency looms large.
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Posted by By Jeanna Smialek
Democrats Got the Recovery They Wanted. It Wasn’t Enough.
Posted inHarris, Kamala D Inflation (Economics) Polls and Public Opinion Presidential Election of 2024 Prices (Fares, Fees and Rates) Stimulus (Economic) Trump, Donald J United States Economy United States Politics and Government

Democrats Got the Recovery They Wanted. It Wasn’t Enough.

America’s economic growth is the envy of its global counterparts. But voters wanted more from the Biden administration — specifically, lower prices.
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Posted by By Jim Tankersley
Storms and Strikes Take a Toll on Pre-election Jobs Report
Posted inHiring and Promotion Hurricanes and Tropical Storms Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Layoffs and Job Reductions Strikes Unemployment United States Economy

Storms and Strikes Take a Toll on Pre-election Jobs Report

U.S. payrolls grew by only 12,000 in October, a figure that left markets placid but fueled political contention. Unemployment remained 4.1 percent.
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Posted by By Lydia DePillis

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