White House's Hassett: 'Plenty of Room' to Cut Rates
White House economic adviser Kevin Hassett, the front-runner to be the Federal Reserve's next chair, told the WSJ CEO Council Tuesday that there is "plenty of room" to cut interest rates further, though he added that if inflation rises the calculation may change.
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US Job Openings Rise Slightly After Sept. Surge; Fewer Workers Quitting
U.S. job openings increased marginally in October after surging in September, but subdued hiring and the lowest level of resignations in five years underscored the economic uncertainty that economists have largely blamed on tariffs.
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BLS to Publish US December Employment, CPI Reports on Schedule
The U.S. Bureau of Labor Statistics said on Tuesday it would publish December's employment report and Consumer Price Index data on Jan. 9 and 13 respectively as originally planned, bringing the release calendar for these indicators back on schedule.
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Leavitt to Newsmax: 'Best Is Yet to Come' With Trump Economy
White House press secretary Karoline Leavitt Tuesday on Newsmax credited President Donald Trump's tax, regulatory, and energy policies for easing inflation pressures and lowering fuel costs.
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US Container Imports Drop 7.8% in November Amid China Demand Slump
U.S. container imports fell 7.8% in November from the year earlier, due to soft demand for goods from China and one less day in the Thanksgiving holiday month, supply chain technology provider Descartes Systems Group said on Tuesday.
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Pollster Allocco to Newsmax: 'Affordability Crisis' False Narrative
Polling expert Patrick Allocco told Newsmax claims of an "affordability crisis" under President Donald Trump are being exaggerated by selective polling and media coverage, arguing the economic picture in Trump's first year is far stronger than critics suggest.
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