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September Wholesale Prices Remain Unchanged, Missing Expectations

In September, wholesale prices remained stable, indicating a slowdown in inflation, according to a report by the Labor Department. The producer price index, which measures the prices received by producers for their goods and...
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September Inflation Rate Surpasses Expectations at 2.4%, Jobless Claims Reach Highest Since August 2023

In September, the inflation rate in the United States exceeded expectations, reaching 2.4%. This increase was driven by a 0.2% rise in the consumer price index, pushing the annual inflation rate above the forecasted...
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Federal Reserve Officials Divided on Half-Point Rate Cut in September Meeting

Federal Reserve officials met in September to discuss interest rates and ultimately decided on a half-point cut in an effort to balance inflation and the labor market. This decision was not made lightly, as...
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Goldman Sachs Predicts Soft Landing for US Economy, Expects Fed Rate Cut in September

Goldman Sachs recently made a prediction about the US economy, stating that they expect a soft landing. They also anticipate that the Federal Reserve will cut interest rates in September. This news has caught...