Back-to-school shopping season has started really early this year.
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As Americans wait for the Fed to cut interest rates, inflation continues its downward trend.
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How long does it take for interest rate cuts to show up in the economy?

Jul 10, 2024
While economists agree rate cuts won’t instantly juice an economy, there’s really no consensus on just how long that lag is.
Fed Chair Jay Powell took away the proverbial punch bowl with rate hikes. Now that the economy is slowing, “he’s got his hands on the punch bowl, he’s walking around the room with it, and he’s not sure whether to put it down on the table yet,” says Ann Owen, an economist at Hamilton College.
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Federal Reserve, assessing inflation-unemployment link, faces an inflection point

Jul 3, 2024
But some economists say the relationship between inflation and employment is not as black and white as it used to be.
The Fed weighs the relationship between interest rates and employment levels as part of its mandate.
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Why the last mile in the Federal Reserve's inflation fight has been uphill

It's taking a longer time for the broader economy to feel the impact of higher interest rates, in part because of debts locked in when rates were lower.
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Offshore wind industry hammered by inflation, interest rates

Jun 17, 2024
Economics has frustrated efforts to expand the turbine fleet and meet clean energy goals. But the industry is adjusting.
Michael Brown, a wind energy executive, says construction plans are becoming more flexible after the disruptions of the last few years. Above, a crane loads turbine blades onto a barge at a Massachusetts port.
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Why is the Fed still so cautious about interest rates?

Jun 13, 2024
Despite the CPI coming in unexpectedly low, the Federal Reserve needs more convincing that inflation is really getting better.
"Consumers change their buying habits, they move from steak to chicken, from the upper shelf down to the lower shelf," said Dan North with Allianz Trade about inflation.
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As interest rates stay high, that "lag effect" on the economy is playing out

Jun 12, 2024
The Fed's rate hikes were meant to slow the economy and dampen inflation by raising borrowing costs. There's evidence that's happening.
The Federal Reserve kept interest rates at their current elevated levels, Chair Jerome Powell announced Wednesday.
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