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Economists at ratings agency Fitch on Friday raised their projected effective U.S. tariff rate to 19.4% from 14.1%. There’s still a great deal of uncertainty over who will end up eating the tariffs, ...
As a banner declaring “ECONOMY SOARS UNDER PRESIDENT TRUMP,” Fox Business host and former Trump adviser Larry Kudlow tried to con viewers about the economy. After seemingly mild inflation data was ...
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Capital Market on MSNBenchmarks slide for third straight week amid global woesThe domestic equity benchmarks ended the week with significant losses, pressured by weak earnings from major IT and banking stocks and cautious global sentiment amid ongoing tariff concerns. Although ...
Americans are still in a sour mood over the economy, with tariff concerns weighing on their minds, the University of Michigan ...
Mortgage rates rose this week, but steady inflation data suggests a more stable outlook. Buyers may benefit from clearer signals in the months ahead.
No local market’s rent hikes were below the nation’s 4% annualized gain in the first six months of the year, the CPI shows.
The prices for food at home rose 0.3 in June, while food away from home, meaning restaurants, ticked up 0.4% on a monthly basis. Notably, the Trump administration has recently imposed a 17% tariff on ...
Both BofA and Morgan Stanley forecast the central bank to reduce policy rates twice each in August and November this year, ...
In economic projections issued in June, Fed officials expected PCE inflation to hit 3% by the end of this year but still ...
As of last December, the median FOMC member expected 2.5% inflation in calendar 2025. That was enough for them to pause the ...
After May's steep drop in retail sales, spending picked back up in June, rising 0.6%, according to new census data out ...
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