The Federal Reserve lowered the target for the federal funds rate by another quarter point last week while signaling fewer rate cuts in 2025 than previously anticipated. This approach aligns with the Fed’s dual mandate to promote price stability and support the labor market. Headline inflation has accelerated in recent months, and a strong economy […]
The post Everyday Economics: Without major policy shifts, U.S. economy likely to slow further in 2025 appeared first on The Black Chronicle.
