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Kashkari’s remarks come ahead of the October inflation report slated for release Wednesday at 8:30 a.m. ET. Economists predict headline inflation could tick up from 2.4% to 2.6% year-over-year ...
Meanwhile, the energy index decreased by 1.9% in September, after falling 0.8% in August as gas prices declined a sizable 4.1% last month. On a yearly basis, the energy index was down 6.8%.
While President Joe Biden has undertaken several efforts to fight inflation — namely with the Inflation Reduction Act (IRA) of 2022 — some experts argued that other factors came into play in ...
The 2024 United States Senate election in Texas was held on November 5, 2024, to elect a member of the United States Senate to represent the state of Texas. Republican incumbent Ted Cruz won re-election to a third term, defeating Democratic challenger and U.S. Representative Colin Allred.
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts.
The winners of this election will serve full four-year terms covering the 89th Texas Legislature and the 90th Texas Legislature. Republicans have held a majority in the Texas Senate since January 14, 1997, as a result of the 1996 elections. Republicans won eight of the fifteen seats up for election, flipping one from the Democrats.
The 2024 United States Senate election in Utah was held on November 5, 2024, to elect a member of the United States Senate to represent the state of Utah. Republican congressman John Curtis won his first term in office, succeeding Republican incumbent Mitt Romney , who did not seek a second term.
But even with that targeted approach, the consensus is that it will act as a dreaded inflation bomb. In this case, the report predicts inflation could increase by 0.6 percentage points. Fiscal Tension