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Last Updated:January 26, 2025, 23:59 IST Donald Trump News: Donald Trump targeted the previous American government regarding inflation. He took on Joe Biden and said that the previous government did not do anything to stop inflation. US President Donald Trump attacked Joe Biden. (file photo) highlights Trump blamed Biden for inflation. Trump gave credit for…
Washington— The Federal Reserve cut its key interest rate by a quarter point on Wednesday – its third cut this year – but also signaled it expects to lower rates more slowly next year than before. Mainly due to still high inflation. The Fed’s 19 policymakers estimated they would cut their benchmark rate by a…
According to the August 2024 employment report in the US, the US label market was more sluggish than expected. Bond yields are indicating that traders are preparing for a recession. Even the Federal Reserve’s probability model is predicting a 61.8 percent chance of recession in the next 12 months, the highest since the 1980s. Could…
