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Fed cuts are coming: How a no-penalty CD can outshine your everyday savingsRead the full story

时间:2010-12-5 17:23:32  作者:Media   来源:National  查看:  评论:0
内容摘要:The flag of Israel tops a makeshift memorial for victims of an attack outside of the Boulder County, Colo., courthouse as a light rain falls Tuesday, June 3, 2025, in Boulder, Colo. (AP Photo/David Zalubowski)

The flag of Israel tops a makeshift memorial for victims of an attack outside of the Boulder County, Colo., courthouse as a light rain falls Tuesday, June 3, 2025, in Boulder, Colo. (AP Photo/David Zalubowski)

The reduced data collection is also occurring at a time of heightened uncertainty about the economy and the impact of Trump’s sweepingon hiring, growth and inflation. Officials at the Federal Reserve, for example, have repeatedly cited the cloudy outlook as a key reason they are no longer cutting their short-term interest rate, after reducing it three times late last year.

Fed cuts are coming: How a no-penalty CD can outshine your everyday savingsRead the full story

“The PPI is cutting hundreds of indexes from production, and the CPI is now being constructed with less data,” Omair Sharif, chief economist at the consulting firm Inflation Insights, said in an email. “That alone is worrying given that we’re heading into the teeth of the tariff impact on prices.”The BLS said that the cutbacks “have minimal impact” on the overall inflation data, but “they may increase the volatility” of the reported prices of specific items.President Donald Trump froze federal hiring on his

Fed cuts are coming: How a no-penalty CD can outshine your everyday savingsRead the full story

in April until late July, suggesting future inflation reports will also involve less data collection. The White House could continue to extend the freeze indefinitely.Sharif and other economists said the BLS hasn’t released enough information to judge how big an impact the cutbacks are having on the inflation figures. But it could make them less slighly less accurate.

Fed cuts are coming: How a no-penalty CD can outshine your everyday savingsRead the full story

“When you have a reduced sample size, it introduces more error into the estimate,” Sharif said. “It creates the potential for the indexes to be more volatile and potentially less accurate.”

Earlier this year, the Trump administrationon Tuesday it would revoke the Biden-era guidance around emergency abortions. CMS administrator Dr. Mehmet Oz said in a social media post on Wednesday that the revocation of the policy would not prevent pregnant women from getting treatment in medical emergencies.

“The Biden Administration created confusion, but EMTALA is clear and the law has not changed: women will receive care for miscarriage, ectopic pregnancy, and medical emergencies in all fifty states—this has not and will never change in the Trump Administration,” Oz wrote, using the acronyms for the Emergency Medical Treatment and Labor Act.The law, which remains intact and requires doctors to provide stabilizing treatment, was one of the few ways that Thurman was able to hold the emergency room accountable after she didn’t receive any help from staff at Ascension Seton Williamson in Round Rock, Texas in February of 2023, a few months after Texas enacted its strict abortion ban.

Kyleigh Thurman, one of the patients who filed a federal complaint against an emergency room for not treating her ectopic pregnancy, talks about her experience at her studio, Aug. 7, 2024, in Burnet County, Texas. (AP Photo/Eric Gay, File)Kyleigh Thurman, one of the patients who filed a federal complaint against an emergency room for not treating her ectopic pregnancy, talks about her experience at her studio, Aug. 7, 2024, in Burnet County, Texas. (AP Photo/Eric Gay, File)

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