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Why the U.S. economy is still strong despite the Fed’s 2022-23 rate hikes
Something surprising happened on the way toward the highest U.S. interest rates in more than a dozen years: Neither consumers nor businesses buckled under the weight of higher borrowing costs from the ... Read More
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
“The US economy ... good news is that we can afford to be a little more cautious” with cutting rates, the Fed leader said. Powell’s comments come as the Fed is expected to cut interest ... Read More
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