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About / News / Labor

Fed’s Kashkari sees two more 2025 cuts given hiring slowdown

Posted By: Detroit News on September 19, 2025.  For more information, please click here to read the source article. Federal Reserve Bank of Minneapolis President Neel Kashkari said he supported the US central bank’s decision to lower interest rates this week and penciled in two additional cuts this year. “I believe the risk of a sharp increase in […]

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U-M forecast: Expect Michigan’s economy to recover by the end of 2023

Michigan’s economy is expected to fully recover by the end of 2023, with job growth and personal incomes set to increase in that time, according to a University of Michigan forecast released Friday. However, high inflation will continue to cut into purchasing power, the economists said, with real disposable income, which factors in taxes and rising […]

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