However, as the history of Fed rate-cutting cycles shows, the Fed often “ reacts“ to economic events that undermined their previous assessments of lagging economic data. In other words, the Fed is ...
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The Federal Reserve’s record of forecasting has frequently led it to respond too late to changes in economic and financial conditions. Read more here.
The U.S. Treasury Department recently intensified sanctions against entities in Russia’s defense sector to hold the country ...
The higher salaries, which came with lower provincial income taxes, lured many to the province. ...
The repo rate cut is expected to lower interest rates on loans, particularly benefiting homebuyers and other borrowers.
U.S. consumer sentiment dropped unexpectedly in February to a seven-month low and inflation expectations rocketed as ...
U.S. employers added 143,000 jobs last month, somewhat fewer than forecast, while unemployment fell to 4 percent and hourly ...
The latest University of Michigan consumer sentiment survey showed more Americans are anxious about the inflation outlook.
Consumer expectations for inflation popped to their highest levels in more than a year, threatening to become unanchored on the heels of strong economic performance in recent months. Inflation ...
Respondents expect the inflation rate a year from now to be 4.3%, a 1-point jump from January and the highest level since ...
Employers added 143,000 jobs last month, signaling a more subdued labor market even as the unemployment rate edged down to 4 ...