Inflation has fallen in most developed nations, and central bank officials are now trying to steer their economies toward a so-called soft landing.
Category: Inflation (Economics)
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A Fed Rate Cut Would Cap a Winning Streak for Biden and Harris on Prices
Improved data on borrowing costs and price growth has buoyed consumers, but it might be coming too late to significantly affect the presidential race
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How the Fed Cutting Interest Rates Affects Banks, Stocks and More
For corporate America, this week’s expected interest rate cut carries risks along with rewards.
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In Nevada, Economy Tops Issues as Unemployment Remains High
The state is among a handful that will decide the presidential contest, and workers have felt increased prices at the grocery store and gas station.
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Are Voters Feeling Better About the Economy?
After another tumultuous weekend in the presidential campaign, Americans are still largely focused on their finances, new surveys show. That could give an edge to Vice President Kamala Harris.
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European Central Bank Cuts Rates for Second Time in Three Months
The reduction, to 3.5 percent from 3.75 percent, comes as inflation has slowed and the bank faces pressure to bolster the region’s flagging economy.
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The Big Takeaways from Debate Night
The showdown between Vice President Kamala Harris and Donald Trump was light on policy, but there were still sparks as they laid out different visions for the economy.
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Gas Prices Are Falling, a Win in Fight Against Inflation
A gallon of regular gasoline in August was down nearly 12 percent from a year earlier, reflecting a fall in oil prices as well as a decline in demand.
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Poverty Increased in 2023 as Prices Rose and Pandemic Aid Programs Expired
More faced hardship in the United States last year, the Census Bureau said, as inflation and the end of subsidies outweighed higher incomes.
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For Trump, Tariffs Are the Solution to Almost Any Problem
The former president has proposed using tariffs to fund child care, boost manufacturing, quell immigration and encourage use of the dollar. Economists are skeptical.
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Job Hunting Is a Challenge for Recent College Grads
Unemployment is still low, but job seekers are competing for fewer openings, and hiring is sluggish. That’s a big turnaround from recent years.
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The Fed’s Preferred Inflation Gauge Stays Cool, Keeping a Rate Cut Imminent
Inflation remained cool in July, based on the Personal Consumption Expenditures Index, keeping the Federal Reserve on track for rate cuts.