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The US inflation outlook was already steadily improving in recent months, but last week, right in the middle of the Federal Reserve’s two-day policy meeting, the dam finally broke. Monthly reports on consumer and producer prices published on the mornings of December 12 and December 13 indicated inflation over the…
A monthly report from the Bureau of Economic Analysis is poised to cement the case for lower interest rates in the coming quarters.
By Elisabeth Buchwald, CNN
Amazon, Alphabet, Disney Meta, Microsoft and Salesforce all conducted major rounds of layoffs this year—even as the unemployment rate remains low.
On Wall Street, interest rate cuts have recently become less a question of if, but rather, when.