At first glance, the sight of this south-central Nebraska farm is not much different from its counterparts in the corn belt.
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Last Friday we got the latest numbers on the Fed’s preferred measure of inflation. It’s running slightly above 2 percent, the target rate, but we know that this small overshoot largely ...
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However, UBS analysts emphasize that the Fed would likely need to see "more obvious economic weakness to convince the bulk of FOMC participants a 50 bp cut is needed, and worth the signalling risk." ...
"Fed will start easing, but more in a reactive way and as a response to weakening growth — this might not be enough to drive a next leg higher," strategists led by Mislav Matejka wrote on Monday.
And not only that. The Fed’s high interest rates, Powell said, had managed to achieve that goal without causing a widely predicted recession and high unemployment. Yet most Americans are not in ...
Copyright 2024 The Associated Press. All Rights Reserved. FILE - A woman buys eggs at a Walmart Superstore in Secaucus, New Jersey, July 11, 2024. (AP Photo/Eduardo ...
US central bank expected to cut rates later this month Incoming data will shape size of anticipated rate cut Fed policymakers agree inflation is cooling Sept 3 (Reuters) - As recently as two and a ...
The average wages in August may rise slightly, but not enough to worry the Fed about sticky inflation. Hourly ages did not change by much between May and July 2024. For example, employees worked ...