The International Monetary Fund warned that inflation remained stubbornly high and that protectionism posed a risk to the global economic outlook.
Category: Inflation (Economics)
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Fed’s Powell Welcomes Cooler Inflation but Steers Clear of Rate Cut Timing
Jerome H. Powell, the chair of the Federal Reserve, avoided signaling when the Fed would cut rates at a time when some economists are wondering why officials would wait.
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Republican Party Rejects Free-Market Economics in Favor of Trump’s Signature Issues
The Republican Party is rejecting elite economic ideas in a bid for blue-collar votes, abandoning long-held free-market principles in the process.
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JPMorgan and Wells Fargo Earnings Show Toll of Inflation
JPMorgan and Wells Fargo reported that overall deposits dropped. At Wells Fargo, a core measure of profitability sank.
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Have Potato Chips Reached Peak Price?
PepsiCo reports in its earnings that people are buying fewer salty snacks from its Frito-Lay brands. It’s not the only food company that is seeking to lure back consumers stung by high prices.
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Fresh inflation data is expected to show continued cooling.
The Federal Reserve is watching inflation figures as it contemplates when to lower interest rates, and could receive positive news Thursday.
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Fresh Inflation Data Are Expected to Show Continued Cooling
The Federal Reserve is watching inflation figures as it contemplates when to lower interest rates, and could receive positive news Thursday.
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Market Bulls Cheer a Dovish Jay Powell
The S&P 500 winning streak rolled on after the Fed chair made encouraging comments about inflation and the state of the labor market.
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Fed Chair Powell Welcomes Cooling Inflation
Jerome H. Powell, the chair of the Federal Reserve, delivered optimistic remarks to Senators as inflation and the job market slow gently.
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June Jobs Report May Hold Clues to Durability of Labor Market
The economy remains solid, but many analysts say that the labor market is in a sensitive place.
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What June Jobs Report Could Mean for Interest Rates
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack.
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Fed Officials Keep an Eye Out for Cracks in the Job Market
Federal Reserve policymakers are watching for any sign that the labor market is weakening abruptly, which might prod them to cut rates sooner.