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Employment surges, shifting expectations for interest rate cuts

Employment surges, shifting expectations for interest rate cuts

by Hannah Webster | Oct 8, 2024 | Business, Featured, Topics

WASHINGTON – The U.S. economy added 254,000 jobs in September, the United States Bureau of Labor Statistics (BLS) reported Friday. The report dramatically surpassed economists’ projections; the Dow Jones consensus forecast, for instance, predicted a gain of only...
Point by Point – Episode 1: Trump and Harris’ Competing Plans for the Economy

Point by Point – Episode 1: Trump and Harris’ Competing Plans for the Economy

by Erica Schmitt | Oct 8, 2024 | Campaign 2024, Featured, Politics

In this first episode of Point by Point, a new podcast by the Medill News Service, we dive into one of the top issues on voters’ minds: inflation. We examine how Donald Trump and Kamala Harris plan to tackle rising prices and what their policies could mean for...
Biden pushes to protect consumer wallets at State of the Union

Biden pushes to protect consumer wallets at State of the Union

by Clare Zhang | Mar 8, 2024 | Campaign 2024, Featured, Politics, Topics

WASHINGTON — At Thursday’s State of the Union address, President Joe Biden called for higher taxation on the wealthy, tax credits for ordinary Americans and eliminating deceptive pricing for consumers. “Too many corporations raise their prices to pad their profits,...
Senators split on the health of the US economy

Senators split on the health of the US economy

by Jonah Elkowitz | Feb 8, 2024 | Business, Featured, Topics

WASHINGTON – Senators voiced fierce opposition over the state of the U.S. economy on Thursday during a hearing to examine the results of the Treasury Department’s Financial Stability Oversight Council annual report, released in December.  The report highlighted how...
High likelihood of interest rate cuts in 2024, Fed governor says

High likelihood of interest rate cuts in 2024, Fed governor says

by Clare Zhang | Jan 17, 2024 | Business, Featured, Topics

WASHINGTON – Strong economic performance, including solid retail sales growth, signals a good likelihood that the Federal Reserve board will cut interest rates this year, Federal Reserve Board Governor Christopher Waller said Tuesday. In the fourth quarter of 2023,...
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Medill on the Hill is part of Medill News Service, the Washington Program of the Medill School of Journalism. Undergraduate journalism students report on Congress, the White House and federal policy and politics in a real-time environment. Their stories appear on this website and in news outlets that partner with Medill.

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