Cuts Archives -

July PCE Inflation Index Slows; Fed Rate Cut Likely.

In July, the PCE Inflation Index rose by 2.5%, slightly below the forecasted 2.6% and up 0.2% from June. This slower-than-expected inflation may lead the Fed to consider lowering interest rates in September.

By admin, 3 months ago

Capitol Hill

Federal Reserve Leaves Interest Rates Unchanged, Indicates 3 Cuts Coming Next Year

The Federal Reserve kept interest rate predictions the same on Wednesday for the third time in a row, which could point to signs that inflation could possibly begin to slow down.

By admin, 11 months ago

Cuts

Hasbro Cutting 1,100 Workers As Weak Toy Sales Continue Into Holiday Season

Toy maker company Hasbro is laying off around 1,100 employees after struggling to hit sales numbers heading into the holiday shopping season.

By admin, 12 months ago