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By: Cora Lewis
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If the Federal Reserve had any doubts about raising interest rates, the government's latest inflation data should help put them to rest.
U.S. businesses stockpiled more goods in warehouses and on store shelves in January, while sales growth slowed.
The U.S. President and the Saudi Deputy Crown Prince met to discuss opportunities for new economic programs.
The nation's home builders couldn't be happier with President Donald Trump's first move to remove strict environmental rules.
The pace was slightly slower than in February, however, when activity had climbed to the highest point in more than two years.
The economy is growing at a sluggish pace. So why should the Fed raise rates? There's one big reason, says NYT correspondent Binyamin Appelbaum.
The act of repatriating corporate cash held outside the U.S. back into the country would create an economic boom, Jamie Dimon said.
Clothing and housing costs rose last month, while motor vehicle and gasoline prices dipped.
The data comes as a sign of consumer caution despite rising optimism about the economy.
President Donald Trump on Thursday will offer the first details of his plans for deep cuts in domestic programs and foreign aid.
Mortgage interest rates moved to the highest level since 2014.
The latest CNBC Fed Survey sees 100 percent believing the Fed will hike on Wednesday and 70 percent saying it will do so again in June.
U.S. producer prices moderated in February, but the trend pointed to a steady building up of inflation pressures.
The Federal Reserve of tomorrow will not be the Fed of today, Hilltop Securities strategist Mark Grant says.
It's the key to increasing economic growth by giving Americans better-paying jobs, a prominent investment banker and economist said.
Bostic, 50, will take on the role after Lockhart retired from the Atlanta Fed on Feb. 28.
The new Republican health-care bill hits older Americans who struggle financially the hardest, says AARP Legislative Counsel David Certner.
"The future of where we're going is so much better than where we are," Rep. Kevin McCarthy tells CNBC.
The Fed has painted itself into a corner. It can't extricate itself without creating a mess somewhere in the world, says Gerald O'Driscoll.
The Congressional Budget Office's estimates will become ammunition in the fight to save all or major parts of the Affordable Care Act.
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