Inflation closed out 2024 strong, with the personal consumption expenditures price index increasing 2.6% year-over-year in December, meeting expectations and above the Fed’s 2% target. Core PCE also came in at 2.8%, signaling elevated inflation levels. Fed Governor Michelle Bowman expects inflation to decelerate in 2025 but suggests keeping interest rates on hold until clear signs of improvement are seen.
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Chelsea sign England midfielder Walsh from Barcelona
Chelsea have signed England midfielder Keira Walsh from Barcelona on a four-and-a-half-year deal. The 27-year-old, who previously played for Manchester City, has joined Chelsea to bolster their midfield as they aim to win the Women's Champions League. Walsh's move was completed just before the Women's Super League transfer deadline, and she is excited to be back in England and close to family. Full Article
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