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Washington D.C. (AP) — U.S. inflation ticked down again last month, with cheaper gas helping further lighten the weight of price increases in the United States.
After holding policy steady for the third straight meeting this week, Fed Chair Jerome Powell and his colleagues are expected to use their “dot-plot” to forecast rate cuts in 2024 – though probably not nearly as many as investors and economists are expecting.
As victory celebrations go, the Federal Reserve's announcement of a quarter point interest rate cut in July of 1995 was hardly ostentatious. As a result of the monetary tightening...
The highlights for markets and economists this coming week will be the U.S. November inflation readings and the latest check-up on the health of consumer...