How Tariffs Could Impact Economic Growth Fed Official Revises Interest Rate Cut Forecast for 2025 Inflation remains the key factor influencing interest rate decisions. The Federal Reserve consistently emphasizes its dual mandate when making interest rate decisions. Established in 1977, this mandate requires the Fed to: Promote maximum employment Maintain stable prices and moderate long-term […]
recession starting soon
U.S. leading indicators point to recession starting soon July 20 (Reuters) – An index designed to track turns in U.S. business cycles fell for the 15th straight month in June, dragged down by a weakening consumer outlook and increased unemployment claims, marking the longest streak of decreases since the lead-up to the 2007-2009 recession. The […]
30% of Americans Still Won’t Consider EVs
More Than 30% of Americans Still Won’t Consider EVs Nearly a third of Americans surveyed said they would not consider purchasing an electric vehicle (EV), and those that would are looking to alleviate range anxiety. Nearly a third of Americans (31%) said they would not consider buying an electric vehicle (EV), while 34% said they […]
