Cuts – Page 2 – One America News Network

WASHINGTON, DC - FEBRUARY 16: U.S. Sen. Todd Young (R-ID) references a chart on rising costs during a press conference on inflation, at the Russell Senate Office Building on February 16, 2022 in Washington, DC. The Republican Senators blamed the near record high inflation on the Biden Administration and the Democratic fiscal agenda. (Photo by Kevin Dietsch/Getty Images)

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.

WASHINGTON - JANUARY 22: The Federal Reserve building is seen January 22, 2008 in Washington, DC. The Fed cut its benchmark interest rate by three-quarters of a percentage point after two days of tumult in international markets due to fear of a recession in the United States. (Photo by Chip Somodevilla/Getty Images)

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.

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.