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Economic growth in the U.S. lost a good portion of its momentum in the third quarter of the year, but the performance still may still be strong enough for the Federal Reserve to push interest rates higher before the year is out.
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One day the Federal Reserve will raise interest rates – perhaps as early as this fall. But what will this mean for trucking?
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Overall inflation is posing no threat to the U.S. economy, with a new report showing retail prices fell in September, the biggest drop in eight months. However, a key measure inside this moved higher, leading to more guessing about whether the Fed will raise interest rates.
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Retail sales in the U.S. barely moved higher last month -- about half what many analysts were expecting. With wholesale prices falling the most in eight months. there's more speculation on what will happen with interest rates.
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The U.S. economy performed better in the second quarter of the year than earlier thought, according to a new Commerce Department report Friday, leaving some wondering if this puts the Federal Reserve closer to raising interest rates.
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Following a highly anticipated two-day meeting, the U.S. Federal Reserve’s Open Market Committee announced it is keeping interest rates unchanged, despite earlier indications it was moving toward a hike.
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As the U.S. Federal Reserve’s Federal Open Market Committee begins a two-day policy meeting to decide whether to raise interest rates, it’s missing one key element.
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Retail sales in the U.S. posted another gain in August, leaving some wondering if it will be enough to push the Federal Reserve to hike interest rates from near zero for the first time in several years.
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Economic Watch: Existing-home sales increased in June to their highest pace in over eight years, according to figures released Wednesday by the National Association of Realtors, while a separate report shows post-recession industrial production levels are not as strong as earlier thought.
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A look at where the U.S. economy is headed in the next three to six months showed another rise, according to a new report from the private research group The Conference Board.
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