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quoting note1shf…8pt8US Federal Reserve Keeps Interest Rates at 23-Year High Amid Uncertain Economic Outlook
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#2140b79c ver:1.0
The US Federal Reserve keeps interest rates at a 23-year high of 5.25% to 5.50% to combat inflation, citing an uncertain economic outlook. The decision reflects a shift from previous projections, with only one rate cut expected in November. The combination of high rates and persistent inflation poses a potential threat to President Biden's re-election bid. The Fed remains cautious, expressing optimism that inflation will decrease over the year. Moody's suggests an interest rate cut in June is unlikely due to stubborn inflation. #FederalReserve #InterestRates #Inflation #EconomicOutlook...
#newstr #UsFederalReserve #InterestRates #Inflation #EconomicGrowth #RateCuts #TreasurySecurities #MortgagebackedBonds #UsEconomy #UnemploymentRate #ConsumerSpending #JeromePowell'sSpeech
https://here.news/story/2140b79c?ver=1.0
quoting note1c95…jrqzBiden Blames 'Xenophobia' for Japan, China, and India's Economic Woes
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#99e2f5f5 ver:0.14
President Biden blames China, India, and Japan's economic struggles on 'xenophobia' and their reluctance to welcome immigrants. He argues that immigration has been beneficial for the US economy and criticizes these countries for their economic woes. The International Monetary Fund predicts slower growth for China, Japan, and India in 2024, while the US is expected to grow at 2.7%. Biden's comments may raise concerns in New Delhi, as he seeks to strengthen relations with Japan and India to counter China and Russia. #Biden #economy #xenophobia #immigration...
#newstr #JoeBiden #China #Japan #India #Xenophobia #EconomicGrowth #Immigration
https://here.news/story/99e2f5f5?ver=0.14
quoting note1ynp…sxqcFederal Reserve Chair Jerome Powell Disputes Stagflation Concerns
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#93c087e4 ver:0.79
Federal Reserve Chair Jerome Powell disputes concerns of stagflation in the US economy, citing solid growth and inflation below 3%. Experts argue that current conditions do not meet the definition of stagflation, pointing to low unemployment, stable inflation, and expected GDP growth. However, fears persist due to disappointing economic reports and uncertainty around labor shortages, supply chain turbulence, and energy prices. Proactive measures are needed to combat sustained inflation and potential economic stagnation. #Stagflation #USconomy #Inflation #Growth...
#newstr #Stagflation #UsEconomy #Inflation #EconomicGrowth #FederalReserve #JeromePowell
https://here.news/story/93c087e4?ver=0.79
quoting note1w3q…vngcTrump Accuses Biden of Weaponizing Courts, Criticizes Economy and Immigration on Campaign Trail
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#7c0192f2 ver:0.22
Former President Trump accuses President Biden of weaponizing courts, criticizes economy & immigration during campaign rally in Wisconsin & Michigan. Trump also revives baseless claims of Biden's involvement in his 88 felony charges. Trump aims to energize his base amidst ongoing trial. #Trump #Biden #campaigntrail #economy #immigration...
#newstr #Trump #Biden #CampaignTrail #Economy #Immigration #CriminalTrial
https://here.news/story/7c0192f2?ver=0.22
quoting note10wh…whykUS Imposes New Sanctions on Individuals and Firms Linked to Russia's War in Ukraine
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#1000d551 ver:0.52
The US has imposed new sanctions on individuals and firms linked to Russia's war in Ukraine, targeting entities involved in Russia's military and industrial capabilities. The measures also include individuals linked to the death of Alexey Navalny. Sanctions hit 280 entities, including 20 firms in China and Hong Kong. The US accuses Russia of using chemical weapons in violation of the Chemical Weapons Convention. #Russia #Ukraine #Sanctions...
#newstr #Banks #Sanctions #Russia #Ukraine #UsSanctions #RussiaukraineWar #China #HongKong #ChemicalWeapons #AlexeyNavalny
https://here.news/story/1000d551?ver=0.52
quoting note1zjn…20eaUS Consumer Confidence Continues to Decline, Reaching Lowest Level Since 2022 Despite Positive Economic Indicators
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#cc9ffa19 ver:0.79
US consumer confidence hits lowest level since 2022, declining for the third consecutive month, despite positive economic indicators. Concerns about high prices, particularly for food and gas, contribute to the decline. Wealthy Americans continue to drive spending, benefiting from lower mortgage rates. The Federal Reserve may delay rate cuts due to persistent inflation. #ConsumerConfidence #EconomicIndicators #Inflation...
#newstr #UsConsumerConfidence #EconomicConditions #HighPrices #RetailSales #JobGrowth #Inflation #InterestRates
https://here.news/story/cc9ffa19?ver=0.79
quoting note158q…v7zdUS Fast-Food Chains Struggle as More People Eat at Home
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#23d1d33d ver:0.26
American fast-food chains like McDonald's and Starbucks are struggling as more people eat at home, leading to weak sales and decreased demand. Rising menu prices and slow economic recovery in China have added to the challenges. Grocery stores and loyalty programs have become popular alternatives, boosting sales for Domino's Pizza and Restaurant Brands. Shares of Domino's Pizza have gained 27%, while shares of Restaurant Brands and McDonald's are down 6% and 8% respectively. #FastFood #HomeCooking #GroceryStores...
#newstr #FastFood #Promotions #MenuPrices #ConsumerSpending #Mcdonald's #Starbucks #China #UsEconomy
https://here.news/story/23d1d33d?ver=0.26