How federal workers could be affected by a government shutdown
Many workers will be furloughed, while some employees will be required to report to work if their job is considered essential ...
USD/JPY retreats to 156.50 after reaching multi-month highs on softer US PCE data
The USD/JPY pair pulled back from its highest levels since July, retreating to 156.50 following the release of US Personal Consumption Expenditure (PCE) data. Softer inflation metrics, coupled with ...
See Which Government Workers Would be Impacted if a Spending Bill Doesn’t Pass
Some workers would be forced to report to work, while others would be furloughed. A government shutdown would have significant consequences for more than two million federal employees. Some would be ...
US consumer spending solid; inflation showing progress as year ends
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
Potential government shutdown impacts: Millions of federal workers at risk of furlough
If Congress fails to pass the continuing resolution to fund the government by Saturday, millions of federal workers could ...
Donald Trump, Inflation, Economic uncertainty - Why are US Fed policymakers worried?
US Federal Reserve policymakers have underlined the importance of Donald Trump's policies as the US President.
What Actually Gets Shut Down When the Government Stops Spending
Federal government shutdowns can be disruptive, with thousands of workers furloughed and most of them not getting paid on ...
From Egg Prices to Raw Milk, Bird Flu Means Challenges for Trump
The bird flu that is spreading in poultry and dairy farms across the country could spell trouble on two fronts for ...
Fed Officials Strike An Optimistic Tone After Slashing Rate Cut Forecasts
Chicago Federal Reserve Bank President Austan Goolsbee said interest rates would be lowered by a “fair amount” next year in ...
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Nearly 100,000 federal workers are from Florida. Here’s what a government shutdown would mean
If they fail, the government will be forced to furlough thousands of federal workers and reduce federal services. Florida is home to over 93,000 federal employees — not counting untold numbers of ...
Making sense of the latest Fed action to lower interest rates
That generalization can be misapplied, however, in cases where the Fed is reacting to changes in relative interest rates. That is, sometimes the Fed’s action pushes interest rates in one direction or ...
The Fed’s go-to inflation gauge ticked up less than expected last month
The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...