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New York Gov. Kathy Hochul and state lawmakers have reached a tentative agreement to issue so-called “inflation refund” checks to millions of residents, offering direct payments of up to $400 ...
The straightforward Fed logic of lowering borrowing costs when the economy is struggling and raising them to counter rapid inflation is put in a double bind by the hypothetical, and Powell ...
Federal Reserve officials held interest rates steady for a third-straight meeting and emphasized they see a growing risk of both higher inflation and rising unemployment. “Uncertainty about the ...
MANILA, Philippines — Lower prices of key items and transport costs pulled inflation to over five-year low in April, the Philippine Statistics Authority (PSA) said on Tuesday. Consumer price growth ...
India's retail inflation hit a near six-year low of 3.34% in March, fueled by cheaper vegetables and protein-rich foods. This drop follows a recent repo rate cut by the RBI, which forecasts a 4% ...
Trump claimed there's "no inflation," but prices are still rising. Consumer prices rose 2.4% year-over-year in March, per the latest inflation data. President Donald Trump says there's "no ...
Retail inflation is likely to have eased further to 3.5% in March from 3.6% in the previous month, thanks to declining food prices, showed a Mint poll of 14 economists. If the poll prediction ...
The most recent report on consumer inflation showed that inflation has slowed, but is still above the Federal Reserve's goal of 2% annually. Central bankers are content to hold their interest rate ...
The inflation expectation figure is the highest recorded since 1981. Every month, the University of Michigan’s Surveys of Consumers asks Americans to predict the rate of inflation over the next ...
LOWER prices of key food items, particularly rice, could lead to April inflation falling below the lower-end target, analysts said. The median forecast in The Manila Times poll was 1.8 percent, ...
The Federal Reserve's preferred inflation gauge showed that price growth slowed in March, with inflation trending closer to the central bank's target rate. The Commerce Department on Wednesday ...
Federal Reserve Chair Jerome Powell warned on Wednesday that President Donald Trump’s tariff regime could lead to increased inflation and unemployment, as well as a slowdown in the U.S. economy ...
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