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Everyday Economics: A divided Fed heads into a critical data week
The Federal Reserve cut interest rates again last week, lowering the target range for the federal funds rate by 25 basis points to 3½–3¾...
Everyday Economics: The case for a December rate cut
Last week brought the delayed September numbers on personal income, consumption, and the Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) price index....
Everyday Economics: A consumer slowdown, fraying margins, and a big test for the Fed
Last week’s data told a clear story: the U.S. consumer is still standing, but looking increasingly tired – and businesses are starting to absorb...
Everyday Economics: Rear-view jobs strength, forward-looking weakness in week ahead
The September jobs report was a look in the rear-view mirror in more ways than one. Because of the 43-day government shutdown, we didn’t...
Everyday Economics: Jobs data returns as government reopens
With the government shutdown finally over, this week brings a double dose of good news: federal workers start receiving paychecks again, and economic data...