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A number of factors, including a lack of significant gains in auto prices, are masking the extent of the shift.
Steve Hanke criticizes Trump and Fed Chairman Powell for their flawed focus on interest rates over money supply, blames the ...
The independence of central banks, which allows policymakers to operate free from political meddling, is considered ...
Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher ...
Factory-gate prices held steady in June, surprising economists. The producer-price index was flat last month, the Labor ...
Expectations for widespread price hikes following a wave of new tariffs this year have largely fallen short, surprising ...
The report, conducted by two economists at the C.D. Howe Institute, points the finger at Ottawa’s unfunded spending spree ...
U.S. retail sales rebounded more than expected in June, suggesting the economy was regaining momentum and giving the Federal ...
“With inflation near target and the upside risks to inflation limited, we should not wait until the labor market deteriorates before we cut the policy rate,” he said. “I believe it makes sense to cut ...
Copper is at the core of the American economy. It’s in the wires of our pervasive electronics, in the walls of homes and in ...
Annual inflation rate in The United Kingdom reached 3.6% in June, exceeding economists' estimates, according to data ...
Imported fuel prices fell 0.7% in June after dropping 5.0% in May. Food prices declined 0.8% after easing 0.7% in the prior ...
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