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Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022, in Washington. The Federal Reserve intensified its drive to curb the worst inflation in 40 years by raising its benchmark short-term interest rate by a sizable half-percentage point.
News

Mounting evidence of inflation slowdown means Fed set to ease off the brakes

Zach Halaschak -
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Food stamp fight stalls critical farm bill: Agriculture programs in danger of lapsing as new work requirements make for a tough sell

Inflation dropped to 5% in December, according to key gauge watched by Fed

Zach Halaschak -
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Home sale signs are posted along Topanga Canyon road in Los Angeles, on Thursday, Oct. 19, 2023. Sales of previously occupied U.S. homes in September fell for the fourth month in a row, grinding to their slowest pace in more than a decade as prospective homebuyers grapple with surging mortgage rates and a near historic-low level of properties on the market.
News

New home sales unexpectedly rise in December as mortgage rates soften

Zach Halaschak -
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FILE - In this Thursday, Oct. 10, 2013, file photo, employees at Sheffield Platers Inc. work on the factory floor in San Diego. The Commerce Department releases fourth-quarter gross domestic product on Thursday, Jan. 30, 2014 (AP Photo/Lenny Ignelzi, File)

Economy grew 2.1% in 2022, holding up through inflation and interest rate hikes

Zach Halaschak -
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FILE - In this Oct. 18, 2010 file photo, an Amazon.com package is prepared for shipment by a United Parcel Service (UPS) driver in Palo Alto, Calif. States could force Internet retailers to collect sales taxes under a bill that the Senate advanced on Wednesday. (AP Photo/Paul Sakuma, File)

Mortgage demand rises 7% as rates fall in sign of life for housing

Zach Halaschak -
0
Bitcoin has risen nearly 30% since start of new year
Business

Bitcoin has risen nearly 30% since start of new year

Zach Halaschak -
0
Good inflation news doesn’t mean the Fed pivot is coming in 2023
Beltway Confidential

Good inflation news doesn’t mean the Fed pivot is coming in 2023

Tiana Lowe Doescher -
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Global interest rates are unlikely to rise much further
Beltway Confidential

Global interest rates are unlikely to rise much further

James Rogan -
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Inflation declined to 5.5% in November, according to key gauge watched by Fed
Economy

Inflation declined to 5.5% in November, according to key gauge watched by Fed

Zach Halaschak -
0
Homeless people camping in downtown in Los Angeles.
Business

Inflation begins to cool, but economic pain not over

Emma Loop -
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