inflation – Page 26 – One America News Network

An eagle tops the U.S. Federal Reserve building's facade in Washington, July 31, 2013. REUTERS/Jonathan Ernst/File Photo

The Fed has cut rates amid stock swoons before. Not this time

A sharp slowdown in the U.S. job market that touched off days of global stock-market turmoil also fueled speculation the Federal Reserve may not wait until its next scheduled meeting.

Anti-government protestors attempt to vandalise a statue of Sheikh Mujibur Rahman, Bangladesh's founding father and parent of the country's ousted Prime Minister Sheikh Hasina, in Dhaka on August 5, 2024. Bangladeshi Prime Minister Sheikh Hasina's 15-year rule ended on August 5, as she fled after more than a month of deadly protests as the military announced it would form an interim government. (Photo by Abu SUFIAN JEWEL / AFP) (Photo by ABU SUFIAN JEWEL/AFP via Getty Images)

Bangladesh PM Resigns And Flees Country After Weeks Of Violent Protests

Bangladesh Prime Minister Sheikh Hasina’s 15-year rule ended after she resigned and fled the country on Monday due to protestors defying a military curfew to storm her official residence.

NEW YORK - AUGUST 14: People shop at a Fairway grocery store August 14, 2008 in the Brooklyn borough of New York City. A new government report has shown that U.S. inflation has risen to a 17-year-high annual rate in July, led by gains in energy, food, airline fares and apparel. Consumer prices rose by 0.8 per cent in July, which means that the cost of living in America is rising at a rate of 5.6 per cent over the year as a whole. (Photo by Spencer Platt/Getty Images)

CPI: Food Prices To Continue Increasing Into 2025

Food prices continue to spiral out of control, while the Biden White House claims their economy is helping everyday Americans

Fed Holds Rates Steady, Hints at Possible Cuts Soon

The Federal Reserve decides to leave interest rates unchanged, but hints at possible cuts soon.

Markets Stabilise After Turbulence Last Week LONDON, ENGLAND - OCTOBER 20: An employee views trading screens at the offices of Panmure Gordon and Co on October 20, 2014 in London, England. Markets stabilised over the weekend following global turbulence amid fears over the Ebola virus and global economic concerns. (Photo by Carl Court/Getty Images)

Federal Reserve Holds Interest Rates Steady For 2 Decades, Leaves Door Open For Cuts

While maintaining interest rates at their highest point in over 20 years on Wednesday, the Federal Reserve made a suggestion that lower borrowing costs may soon be implemented by policymakers due to slight recent improvements in inflation.

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo

Fed likely to hold rates steady one last time as inflation fight finale unfolds

The Federal Reserve is expected to open the door to interest rate cuts as soon as September by acknowledging inflation has edged nearer to the U.S. central bank’s 2% target.