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Going into the latest Fed meeting, bond markets were already predicting inflation would average 2.4% a year over the next five years, well above the Fed’s 2% target. After the meeting and Powell’s ...
There are concerns over the Fed’s independence. The Senate confirmed the rushed appointment of Stephen Miran, chairman of the White House Council of Economic Advisers, in a 48-47 vote in favor.
Senator Jack Reed of Rhode Island, the top Democrat on the committee that oversees the Pentagon, said that the Monday morning ...
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Hard Numbers: Venezuela readies “battlegrounds”, US inflation creeps up, art market continues to collapse, Mexico to boost China tariffs
Venezuelan president Nicolás Maduro has deployed military assets to 284 “battlefront” locations across the country, amid rising tensions with the US.
Venezuela will begin to observe the annual Christmas holiday on Oct. 1 for a second straight year, Venezuelan President ...
Stablecoins like Tether’s USDT have become a lifeline in Venezuela’s collapsing economy, where inflation hit 229% annually in 2025 and the bolívar has all but ...
Venezuelans are ditching the bolívar for stablecoins like USDt as inflation soars to 229%, with stablecoins now used for ...
Annual inflation picked up pace a little in the eurozone last month, cementing expectations that the European Central Bank will leave interest rates unchanged for a second-straight meeting next week.
The Federal Reserve is monitoring new inflation data as it weighs potential interest rate adjustments due to a shaky job market and ongoing economic challenges. We're looking at core inflation, which ...
The numbers: A key measure of inflation rose in July at a rate that suggests persistent price pressures tied to higher U.S. tariffs, but the increase probably wasn’t big enough to dissuade the Federal ...
Stock markets fell Friday, with Wall Street indexes retreating from record highs as a key US inflation reading accelerated, lowering the possibility of sustained interest rate cuts in the coming ...
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