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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 ...
New York Fed President John Williams is a voting member of the Fed's interest-rate committee. New York Fed President John Williams said Thursday he has not seen evidence that higher White House ...
Swiss annual inflation held at a low level in August, keeping the country's central bank on guard as it considers cutting its key interest rate to below zero later this month. Consumer prices were 0.2 ...
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 ...
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