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Ask an Economist: Between Inflation and Tariffs, Is America Headed for an Economic Downturn?
Trump’s sweeping tariffs may be driving inflation and recession fears. Here’s what economists have to say about it and what ...
ASX wavers; GQG dives 11pc on funds hit, Block soars on results
Shares open down; Fortescue says it and China are in lock step amid historic loan; Iress confirms buyout talks with ...
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Wall Street is split on whether immigration is contributing to the slowdown in US hiring
Wall Street economists disagree on what’s behind a sharp slowdown in US job growth, highlighting a divide that is central to ...
Why investors should be worried if Powell blinks early on rates
The current path of sticky inflation in the US eerily mirrors that of the 1970s, when the Fed committed a historic policy ...
A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts
A top official at the Federal Reserve is saying that this month's stunning, weaker-than-expected report on the U.S. job ...
Trump’s Fed Chair Search Expands. Meet the New Contenders
James Bullard, a former St. Louis Fed president, and economic consultant Marc Sumerlin have been added to the list to succeed ...
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Bessent leads a broad search for Fed chair that includes Bullard and Sumerlin: Reuters
U.S. Treasury Secretary Scott Bessent is leading a search for a successor to Federal Reserve Chair Jerome Powell, with an ...
Average rate on a 30-year mortgage drops to lowest level since April
The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The ...