Economy
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Core inflation rate rose to 2.7% in May, more than expected, Fed’s preferred gauge shows
Prices that consumers pay rose slightly in May, while the annual inflation rate edged further away from the Federal Reserve’s…
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Fed Governor Bowman favors July interest rate cut if inflation stays low
Michelle Bowman, incoming vice chair for supervision at the US Federal Reserve, arrives for a Psaros Center for Financial Markets…
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The Fed is likely to keep rates the same, but give a forecast that moves markets. What to expect
Federal Reserve Chair Jerome Powell delivers remarks during the Division of International Finance 7th Anniversary Conference at the Fed on…
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Retail sales fell 0.9% in May, worse than expected as consumers pulled back
Shoppers try on shoes at a Footlocker store in New York City, U.S., May 16, 2025. Jeenah Moon | Reuters…
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Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock
A woman shops at a supermarket on April 30, 2025 in Arlington, Virginia. Sha Hanting | China News Service |…
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Here are the three reasons why tariffs have yet to drive inflation higher
Shoppers browse the frozen food cases at WinCo. Joe Jaszewski | Idaho Statesman | Tribune News Service | Getty Images…
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UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher
LONDON, UNITED KINGDOM – MARCH 26, 2025: Britain’s Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of…
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UK exports to the U.S. plunge by most on record as tariffs bite
Container ships at Felixstowe port in Felixstowe, UK, on Wednesday, April 9, 2025. Bloomberg | Bloomberg | Getty Images U.K.…
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U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago
The U.S. Department of the Treasury building is seen in Washington, D.C., on Jan. 19, 2023. Saul Loeb | Afp…
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Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates
U.S. Vice President JD Vance speaks, during a tour of Nucor Steel Berkeley in Huger, South Carolina, U.S., May 1,…
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