September Sees Consumer Spending Stagnate Amid Stubborn Inflation

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The most recent official inflation data released prior to the Federal Reserve’s upcoming policymaking meeting was a report delayed by the shutdown, indicating that the rate of price increases persisted in September while consumer spending declined following a summer surge. Read More …

Fed Divisions Deepen as Policymakers Split on Rate Cuts

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Federal Reserve policymakers find themselves divided on the question of whether to persist with interest rate cuts, marking a departure from the consensus that has characterized Chair Jerome Powell’s tenure at the helm of the central bank. The Federal Reserve’s Read More …