Most Recent Economic news News

El-Erian sees Fed holding rates for longer than markets expect

El-Erian sees Fed holding rates for longer than markets expect

The Federal Reserve is set to refrain from cutting interest rates for “quite a while,” following a hotter-than-expected inflation report,...

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Fed’s favored inflation gauge ends 2024 with a muted advance

Fed’s favored inflation gauge ends 2024 with a muted advance

The Federal Reserve’s preferred measure of underlying inflation remained muted in December and real incomes were soft, which should support...

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