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In its latest long-term economic projections released in December, the FOMC called for only two 25-basis point rate cuts in 2025, bringing the fed funds target range down to between 3.75% and 4%. Adding to the uncertainty are mass government layoffs, rising unemployment and Trump's global tariffs, leaving economists divided over America's.
Us Recession 2025 Philip S. Mendez Without tariffs, Goldman Sachs expected the Federal Reserve's preferred annual inflation measure to fall from 2.7% in January to 2.1% in December, just above its 2% goal. People speak with recruiters at a City Career Fair hiring event in Sacramento, Calif., on. He compared the adjustment the United States is undergoing to the early years of Reagan's presidency
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