Fed cuts rates by half point In decisive bid to defend economy
The Federal Reserve lowered its benchmark interest rate by a half percentage point Wednesday, in an aggressive start to a ...
Tag: inflation
US producer prices rise less than forecast, dragged by services
US producer prices rose in July by less than forecast, reflecting the first decline in services costs this year amid ...
Powell says rate cut ‘could be’ on table at Fed’s next meeting
Federal Reserve Chair Jerome Powell said an interest-rate cut could come as soon as September after the US central bank ...
Equipment investment poised for continued growth
The heavy-equipment investment market is expected to grow in the second half of 2024 as inflationary pressures ease, with trucking ...
US inflation broadly cools, bolstering case for Fed rate cut
US inflation cooled broadly in June, driven by a long-awaited slowdown in housing costs and providing another dose of confidence ...
Treasuries slip as Powell calls for evidence of inflation’s ebb
US Treasuries slipped as Federal Reserve Chair Jerome Powell told Washington lawmakers he wants more evidence of cooling inflation, bolstering ...
Fed cites lack of progress on inflation, holds rates steady
The Federal Reserve signaled fresh concerns about inflation as it reaffirmed it needs more evidence that price gains are cooling ...
Commercial truck sales decline in first quarter
Overall sales for commercial trucks declined in the first quarter of 2024 as high-interest rates and prices pushed down demand ...
