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As the economic landscape gradually shifts in the aftermath of the COVID-19 pandemic, the Federal Reserve is signaling a pivotal moment in its monetary policy approach. In recent statements, Federal Reserve Chairman Jerome Powell expressed growing co...
In a significant address at the annual economic symposium in Jackson Hole, Wyoming, Federal Reserve Chair Jerome Powell conveyed a sense of optimism regarding the trajectory of inflation and its implications for monetary policy. Powell’s remark...
In a significant turn of events, the latest Consumer Price Index (CPI) report for July 2024 has emerged, highlighting a notable moderation in inflationary pressures across the economy. With a modest increase of 0.2% for the month, the annual CPI has ...
In a significant development for the U.S. economy, the Consumer Price Index (CPI) for July 2024 has reported a modest increase of 0.2%, aligning perfectly with economists’ expectations. This marks a pivotal moment as the yearly CPI growth rate ...
As the countdown to 2025 begins, Social Security recipients are bracing for what is likely to be one of the smallest cost-of-living adjustments (COLA) in recent memory. Recent government data indicates that inflation is on a downward trend, prompting...