Fuel prices, which had soared after Russia’s invasion of Ukraine, have dropped to their lowest level since February.
Category: Inflation (Economics)
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I.M.F. Says Inflation Fight Is Largely Over but Warns of New Threats
The International Monetary Fund said protectionism and new trade wars could weigh on growth.
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Retail Sales Surpass Expectations, Sign of Solid US Economy
A new report showing a rise in retail sales in September indicates that consumer spending, a key engine of economic growth, remains robust.
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ECB Cuts Interest Rates Again as Eurozone Inflation Slows
Policymakers who set interest rates for the 20 countries that use the euro have lowered rates in back-to-back meetings for the first time since 2011.
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Yellen to Warn Sweeping Tariffs Would Ignite Inflation
The Treasury secretary plans to criticize former President Donald J. Trump’s economic proposals in a speech.
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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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Wall Street Profits Surge Despite Questions About the Economy
JPMorgan Chase, Wells Fargo and BlackRock reported strong quarterly results to kick off earnings season, but concerns linger about the strength of the consumer.
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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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Hurricane Milton, Inflation and the Economy
The superstorm is expected to inflict costly and lasting damage in Florida, as the Federal Reserve is already keeping an eye on upcoming inflation 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.