Recent stock gains have been driven by hope that a rate-raising cycle is close to ending. If investors decide they were wrong about this, a drop could follow.
Tag: United States Economy
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Republicans Are Calling for Spending Cuts. Their Proposals Are Elusive.
A renewed focus on fiscal restraint in the debt limit standoff with Democrats poses its own political risks.
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U.S. Wages Grew More Slowly Than Expected Late Last Year
The Employment Cost Index, which Federal Reserve officials watch closely as a gauge of pay trends, is picking up more slowly.
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IMF Upgrades Global Economic Outlook as Inflation Eases
The International Monetary Fund said the world economy was poised for a rebound as inflation eases.