Economic News

Federal Reserve officials said at their last meeting that they needed more evidence that inflation was heading lower before reducing interest rates. That isn’t what the March consumer price index provided on Wednesday. “Participants…
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Federal Reserve Chairman Jerome Powell is looking past hot inflation and economic data to start 2024. He is sticking with his forecast for a moderation in growth that opens the door to interest-rate cuts later this year—just not anytime…
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How now, Dow Jones 40,000? The doughty blue-chip index is knocking on another big, millennial number, but it’s just one of the records being set throughout world equity markets. Megacap tech stocks have powered the benchmark…
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As we glide toward spring, with all the wondrous hopes that nature’s rebirth brings, it is time, once again, for economists to reflect on the stuff that will all go dismally wrong. Though the risk of inflationary spiral has dissipated,…
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If you said at the start of the year the Federal Reserve would not cut interest rates at its March meeting, as had been widely expected some months ago, but all three major stock market indexes would regardless reach record highs on the…
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Trade figures to be the wildcard in the latest reading on U.S. economic growth amid strong demand for…
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The U.K.’s unemployment rate edged up slightly from its lowest level in almost five decades, in a sign the country’s tight labor market is gradually cooling as the economy weakens. The U.K. unemployment rate came in at 3.6%…
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Text size Labor market conditions shouldn't cause panic just yet, writes Guy…
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Text size The People's Bank of China in Beijing, China.…
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