Unveiling the World's News
This week, the government finally revealed the September jobs data, and we learned about the mysterious resignation of yet another Fed official. The post Breitbart Business Digest: Jobs Are Growing and Powell’s Fed Is Unraveling appeared first on Breitbart.
The Federal Reserve released research proving its own rate-holding decision was based on a theoretical mistake. The post Breitbart Business Digest: The Week the Fed’s Own Research Murdered Its Favorite Tariff Theory appeared first on Breitbart.
Researchers at the Federal Reserve Bank of San Francisco examined major tariff changes from 1870 through 2020 across the United States, United Kingdom, and France. Their conclusion challenges the conventional wisdom that dominated economic policy debates in recent years: when countries raise tariffs, prices actually fall, not rise. The post Fed Study Vindicates Trump Trade…
Federal Reserve hawks may be on the verge of making a reckless bet based on incomplete information. The post Breitbart Business Digest: The Fed Hawks’ Dangerous Gamble appeared first on Breitbart.
The Federal Reserve reduced its interest rate benchmark by a quarter-point for a second time this year on Wednesday, bringing the short-term borrowing rate to a range of 3.75 percent to four percent. The post Fed Cuts Rates By A Quarter Point appeared first on Breitbart.
Consumer prices rose less than expected in September, government data showed Friday, clearing the path for further rate cuts from the Federal Reserve. The post Inflation Cools More Than Expected, No Signs of Tariff Pressure appeared first on Breitbart.