U.S. Economy
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Kamala Harris vows to lower food prices, build more homes in 1st economic speechThe Democratic presidential nominee proposed a federal ban on price gouging and expanded tax breaks, focusing on consumers in a bid to strike a contrast with Donald Trump.U.S. NewsAug 16
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Wall Street, global markets plunge as fears grow of slowing U.S. economyThe tumbles were spurred by Friday’s report showing unexpectedly slower hiring among U.S. employers, raising fears of a coming recession.EconomyAug 5
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Why a strong U.S. economy might delay rate cuts in CanadaA strong U.S. economy could keep interest rates higher for longer south of the border, which experts say also has ramifications for the Bank of Canada's rate path.EconomyFeb 1
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U.S. GDP unexpectedly grew by 3.3% last quarter. What this means for the FedThe U.S. economy grew at an unexpectedly brisk 3.3 per cent annual pace from October through December as Americans showed a continued willingness to spend freelly.EconomyJan 25
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U.S. Fed holds interest rates steady but signals future hikes could be neededThe move to leave its benchmark rate at about 5.4% suggests the Fed thinks it has time to wait and see its 11 rate hikes since March 2022 will continue to cool rising prices.U.S. NewsSep 20, 2023
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What’s ‘Bidenomics’? U.S. president touts success amid public skepticismBiden said his policies were sparking recovery after Republican policies had crushed America's middle class, but a new poll said only one in three U.S. adults agree.U.S. NewsJun 28, 2023
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U.S. inflation falls to the lowest level in 2 years. What it means for ratesInflation in the U.S. cooled last month, rising just 0.1 per cent from April to May and extending the past year's steady easing of inflation.MoneyJun 13, 2023
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U.S. regulators vow to ratchet up rules, oversight for banks after recent failuresFed Vice Chair for Supervision Michael Barr said the agency was "carefully considering" rule changes for larger regional banks of over $100 billion in assets.EconomyMay 16, 2023
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U.S. inflation cools slightly in April, but prices still elevatedConsumer prices in the U.S. accelerated in April after months of declines, with measures of underlying inflation suggesting that rising costs could persist for months to come.EconomyMay 10, 2023
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Yellen warns of U.S. ‘economic chaos’ if debt limit not raisedTreasury Secretary Janet Yellen said that there are ``no good options'' for the U.S. to avoid an economic ``calamity'' if Congress fails to raise the nation's borrowing limit.U.S. NewsMay 7, 2023
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