Browsing: Economy

Economy

As the coronavirus pandemic continues to cause tremendous human and economic hardship across the country the Federal Reserve will aim to achieve inflation “moderately above 2% for some time” the Federal Open Market Committee said today.

Economy

Americans’ expectations for how much more they will spend in the next year held steady at 3.0% in August from the prior month, according to the Federal Reserve Bank of New York’s monthly Survey of Consumer Expectations released today.

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