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Federal Reserve cuts outlook for US economy but holds interest rates steady
The Federal Reserve cut its outlook for the US economy on Wednesday, with policymakers split on whether they would be able to reduce interest rates at all this year as Donald Trump’s tariffs bring risks of higher inflation.
The Fed now also sees the "core" PCE inflation hitting 3.1% in 2025 up from a prior forecast of 2.8%. As we often note, most ...
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U.S. stocks drifted to a mixed finish after the Federal Reserve indicated it may cut interest rates twice this year, though ...
Stocks declined as oil prices skyrocketed on Friday, June 13, after Israel attacked Iran, one of the largest oil producers in ...
Stocks rose and oil prices retreated on Monday as investors shrugged off the continuation of hostilities between Israel and ...
Chevron stock has gained 1.8% on Tuesday morning, while most of its peers in the Dow Jones reverse course from Monday's gains ...
Trump’s tariffs and the trade war continue to affect global markets. Follow along for live updates on the Dow, S&P 500, Nasdaq and inflation.
CPI report shows that President Trump's whipsaw tariff policies have not had an outsized impact on inflation, but economists ...
Annuities can help provide critical retirement income, but some are safer than others if there's a market downturn.
Looking ahead, investors will watch closely for updates on the Israel-Iran conflict, the US Federal Reserves decisions, and ...
As tensions in the Middle East escalate to a dangerous new chapter, concerns are arising as to how developments could affect ...
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