Slowdown

Sales Report Indicates Significant Economic Slowdown – Are We Headed for Recession?

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WASHINGTON – Retail sales in the U.S. fell unexpectedly in January, signaling a potential impact from high inflation. The 1.9% decline in retail sales was more than double the expected drop, painting a concerning picture for the economy. Excluding automobile sales, the decrease was even more significant, with a 0.6% drop, well below the estimated 0.2% gain. These figures are adjusted for seasonal factors but not for inflation, highlighting a lag in spending compared to …

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Inflation Shock: Consumer Prices Rise 3.1% in January, Defying Forecasts for a Faster Slowdown – Experts Predict Impact on Stock Market and Fed Rate Cuts

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NEW YORK, NY – Consumer prices in the United States rose more than expected in January, according to the latest data from the Bureau of Labor Statistics. This unexpected rise has led to speculation about the Federal Reserve’s potential decision to cut interest rates. Investors had been closely watching the print for clues on when the Federal Reserve will begin cutting interest rates. Markets are now pricing in a nearly 80% chance the Fed cuts …

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TESLA SLASHES MODEL Y PRICES: Stock Falls After Musk Warns of 2024 Production Slowdown

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San Francisco, California – Tesla has announced temporary price cuts for some of its Model Y cars in the U.S. in an effort to boost sales. The price reductions come less than a month after the electric vehicle maker cut Model Y prices in Germany. The company reduced prices for its Model Y rear-wheel drive and Model Y Long Range by $1,000 each to $42,990 and $47,990, respectively. The temporary price cuts run until Feb. …

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Tesla Model Y Prices Slashed in US – Fears of Production Slowdown Loom as Stock Plummets

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PALO ALTO, California – Tesla, the American electric vehicle maker, has announced temporary price cuts for some of its Model Y cars in the U.S. This decision comes less than a month after the company reduced Model Y prices in Germany. The price cuts affect the Model Y rear-wheel drive and Model Y Long Range, which have been reduced by $1,000 each to $42,990 and $47,990, respectively. These temporary reductions are in effect until the …

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Inflation Slowdown Signals Fed Interest Rate Cuts in 2024

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New York, NY – The latest data on US inflation suggests a slowing trend as the year kicks off, pointing towards a more favorable environment for potential interest rate cuts by the Federal Reserve in the near future. Economists are forecasting a 3.7% increase in the core consumer price index for January, signaling the smallest year-over-year advance since April 2021. This is seen as a sign of progress in the Fed’s efforts to combat inflation. …

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