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Fed Chair Jerome Powell warns there will be MORE economic damage before inflation comes down

At a press conference after the central bank s two-day policy meeting that ended Wednesday, Powell reinstated that bringing down the inflation was a priority. ....

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What Americans face now as the Fed raises interest rates

What Americans face now as the Fed raises interest rates ....

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Explainer-What Americans face now as the Fed raises interest rates

(Reuters) - The U.S. Federal Reserve's big interest rate hike on Wednesday and the expectation of more to come is aimed at bringing down 40-year. ....

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Rising cost of living hurts US consumer confidence; house prices soar

About 12.5% of consumers viewed jobs as "hard to get," up from 10.1% in April ....

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Rising cost of living hurts U.S. consumer confidence; house prices soar | Hellenic Shipping News Worldwide

U.S. consumer confidence eased modestly in May as persistently high inflation and rising interest rates force Americans to become more cautious about buying big ticket items, including motor vehicles and houses, which could curtail economic growth. The survey from the Conference Board on Tuesday also showed consumers’ perceptions of the labor market softening a bit . ....

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