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Day: April 16, 2025

Powell: No Immediate Policy Changes, Need Clarity (Apr 16)

Federal Reserve Chair Jerome Powell addressed the Economic Club of Chicago to discuss the current state of the U.S. economy and monetary policy. He reaffirmed the Federal Reserve’s commitment to its dual mandate of achieving maximum employment and stable prices. Despite uncertainty and risks, Powell emphasized that the U.S. economy remains strong, with the labor […]

March Retail Sales: 5.3% Surge in Car Sales (2025)

Retail sales measure the total value of goods sold in retail stores, covering various products like clothes, electronics, and food. It’s reported monthly and provides insight into consumer spending. Higher retail sales suggest a strong economy as people are spending more money. While lower sales can signal economic slowdowns as people might be spending less. […]

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