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Economic tailwinds boost Kamala Harris in election homestretch, economists say

The surprisingly positive jobs report Friday has reinforced growing optimism about the U.S. economy, less than a month before the…

Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report

A hiring sign is posted on the exterior of Urban Outfitters at the Tysons Corner Center mall on August 22,…

EU economy survived ‘terrible prophecies’, now faces trade with China: EU’s Gentiloni

The European Union has successfully avoided the “terrible prophecies” that threatened its economy in recent years, but must still contend…

Week’s two key inflation reports to help decide size of Fed’s rate cut

People shop at a store in Brooklyn on August 14, 2024 in New York City.  Spencer Platt | Getty Images…

Inflation is slowing but the Fed’s next move is still up in the air

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market…

Port strike could reignite inflation, with larger economic impact dependent on how long it lasts

Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in…

Ray Dalio says the Fed faces a tough balancing act

Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference. Brendan…

The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means

Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…

Powell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’

Federal Reserve Chair Jerome Powell said Monday that the recent half percentage point interest rate cut shouldn’t be interpreted as…

Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation

Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last…