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Goldman Sachs economists in a note estimated that consumers could soon bear up to 67% of tariff costs, up from 22%, thus ...
Federal Reserve policymakers will be debating whether stubborn inflation or slower hiring is the bigger problem for the ...
Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven ...
With the job market faltering and consumer prices not surging as expected, investors increasingly believe the Federal Reserve ...
The surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September ...
Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...
Crypto Remains in the Spotlight: Investors continue to buy all things crypto. Bullish (BLSH) went public in an IPO yesterday, ...
The cost of wholesale goods and services — where rising inflation tends to show up first — in July posted the biggest ...
Producer prices in US rose sharply in July, reigniting concerns over inflation persistence as Fed rate cuts were being priced in. PPI up 0.9% month over month, core PPI up 0.9%, and services prices ...
Increasing tariffs on foreign goods and the impact of deportations on the work force cited as job growth slows in Texas.
Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.
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