U.S. factory activity slowed to a four-month low in November as higher prices because of tariffs on imports restrained demand, leading to a piling up of unsold goods that could hinder growth in the overall economy.Relief for manufacturers is unlikely to come soon as the...
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US Cancels Release of CPI Report for October
The U.S. Bureau of Labor Statistics said Friday it had canceled the release of October's consumer price report because the recently ended government shutdown had prevented the collection of data.
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Fed won't get key inflation data before next rate decision as BLS cancels October CPI release
Dallas Federal Reserve President Lorie Logan Friday called for leaving the policy rate on hold "for a time" while the central bank assesses the degree of monetary policy restrictiveness.
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Fed's Williams: Bank Can Still Cut Rates in 'Near Term'
The U.S. Federal Reserve can still cut interest rates "in the near term" without putting its inflation goal at risk, New York Fed President John Williams said Friday.
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US Job Growth Beats Expectations in September; Unemployment Rate Rises to 4.4%
U.S. job growth accelerated in September, but the unemployment rate rose to 4.4% and the economy shed jobs in the prior month, suggesting labor market conditions remained sluggish. Nonfarm payrolls increased by 119,000 jobs...
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