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Smaller Rate Increase by Federal Reserve Likely as Inflation Cools

Federal Reserve officials are widely expected to raise interest rates by a quarter point at their meeting this week, further slowing what had been an aggressive pace of rate increases […]







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U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter

“Resilience is a good thing in many ways, but it’s also something that makes things harder for the Federal Reserve and it hardens their resolve,” said Diane Swonk, chief economist […]




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The U.S. economy grew at an annual rate of 2.9 percent in the fourth quarter.

Real gross domestic product Quarterly change at annual rates, adjusted for inflation 4th. qtr. 2022: Real gross domestic product Quarterly change at annual rates, adjusted for inflation 4th. qtr. 2022: […]




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Inflation Is Cooling, Leaving America Asking: What Comes Next?

Martin Bate, a 31-year-old transportation planner in Fort Worth, spent the middle of 2022 feeling that he was “treading water” as high gas prices, climbing food costs and the prospect […]




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US Jobs Report: Employers Added 223,000 Jobs in December

The U.S. economy produced jobs at a slower but still comfortable rate at the end of 2022, as higher interest rates and changing consumer habits downshifted the labor market without […]