Federal Reserve plans three rate cut this year; lending rate remains unchanged for 5th time
Wednesday, 20 March 2024 Federal Reserve officials plan to reduce key interest rates three times in 2024 despite higher inflation. Forecasts suggest continued growth, inflation, and job market strength. Rate cuts could lower borrowing costs and support Biden's re-election prospects. Fed's cautious approach aims to balance economic growth and inflation concerns.
Data Shows , US Wages Falling , at a 'Striking' Pace.
Fox News reports that wage growth
in the United States has slowed
significantly over the past year. .
According to new data from Indeed,
wage growth is beginning
to near pre-pandemic levels. .
Indeed's wage tracker showed that salaries have...
Key Federal Reserve Inflation Gauge , Rose 2.8% in March.
According to Commerce Department
data released on April 26.
the personal consumption expenditures
(PCE) price index, not including food or..
Credit: Wibbitz Top Stories Duration: 01:30Published
US Life Expectancy on the Rise , Following Pandemic Decline, CDC Report Says.
According to the latest federal
mortality data, life expectancy in
the United States increased in 2022. .
The report..
Credit: Wibbitz Top Stories Duration: 01:30Published
Wall Street's main stock indexes closed higher on Wednesday after the Federal Reserve eased investor jitters by keeping borrowing costs unchanged and reinforcing... IndiaTimes
Wednesday, 20 March 2024
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