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Trump’s Proposed Tax Cuts and Increased Tariffs Could Hurt Poorer Households
Some Republicans want to use revenue collected from higher duties on foreign goods to finance tax cuts. Economists say such a shift could widen the gap between the rich and the poor.
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Fed’s Powell Welcomes Cooler Inflation but Steers Clear of Rate Cut Timing
Jerome H. Powell, the chair of the Federal Reserve, avoided signaling when the Fed would cut rates at a time when some economists are wondering why officials would wait.
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Investors Bet on Rate Cuts as Recent Data Suggests Slowdown
Investors are poised for a report on Friday to show a slowdown in the pace of hiring in June, building on weak services and manufacturing data, and to firm up their expectations of interest rate cuts starting as soon as September. Signs of lower ...
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Why Investors Don’t Believe the Fed
Markets appear to be dismissing the central bank’s more pessimistic take on inflation, as the S&P 500 nears a new high.
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Fed Is in No Rush to Cut Rates as Economy Holds Up
Federal Reserve officials are expected to leave interest rates unchanged at their meeting this week. They will also release a fresh set of economic projections.
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Europe’s Fed Problem
The European Central Bank is widely expected to cut interest rates on Thursday. But how low it can go may ultimately depend on the Federal Reserve.
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An Inflation Test Looms Over the Economy and the Election
The pivotal Consumer Price Index report is set to be published on Wednesday as the window for interest-rate cuts before November is closing.
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Bank of England Holds Interest Rates Steady, but Signals Cuts
A rate cut could come as soon as this summer as the central bank forecast that inflation would drop to its 2 percent target.
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Powell Suggests Interest Rates Could Stay High for a Longer Period
The Fed chair, along with the central bank’s No. 2 policymaker, stressed uncertainties over job growth and the persistence of elevated inflation.
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How Low Will They Go? Wall Street’s Big Rethink on Interest Rate Cuts
Investors see Wednesday’s Consumer Price Index report as a pivotal report card on inflation and the Federal Reserve’s next move.