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U.S. economy

CONSUMER

Trump Inflation and Recession Response: Denies Powell Firing, Predicts Strong Economy

President Donald Trump on May 4 denied plans to fire Federal Reserve Chair Jerome Powell before his term ends and dismissed fears of a...
CONSUMER

U.S. Housing Market Crash Fears Surge as 70% Expect Collapse

Concerns over a potential U.S. housing market crash are rising, with 70% of consumers now expecting a collapse, according to a new survey by...
OPINION

A Quick Look at the Economic Implications of Today’s Reciprocal Tariff Announcement

The newly announced reciprocal tariffs are expected to slightly reduce GDP and raise inflation by 0.2 percentage points over the next year, without signaling a recession or stagflation.
BUSINESS

[BREAKING] Another 0.75 Percentage Point Rate Hikes by Fed

Federal Reserve decided its thrid consecutive rate hikes of 0.75%p lifting the benchmark of federal funds rate to a range between 3% and 3.25%,...

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