E very year, Social Security benefits undergo a cost-of-living adjustment (COLA) to align with inflation rates. This ...
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Not long ago, Fed officials presumed that 2025 would simply be about getting to the soft landing.
Hochul initially proposed the state’s first-ever inflation rebate in December as part of her 2025 State of the State agenda ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
The Federal Reserve warned tariffs would slow the economy and raise inflation, increasing the risk of dreaded “stagflation,” ...
Also on Wednesday, the U.S. central bank lowered its growth forecast, saying "uncertainty around the economic outlook has increased," and it stuck by its projections for two 25-basis-point ...
WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects ...
The rate-setting Federal Open Market Committee downgraded its collective outlook for economic growth to 1.7%, down from the ...
Fed Chair Jerome Powell repeated the word “uncertainty” when talking about the central bank’s economic outlook, using it at ...