Fed's wait-and-see approach likely won't be shaken by new GDP and inflation numbers
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
US economic growth slower than expected at the end of last year
US economic growth slowed more than expected at the end of last year, according to latest data released on Thursday. View on ...
Three Reasons Why The Fed Should Get Rid Of The Dot Plot
While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its primary purpose: providing transparency ...
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U.S. economy ends 2024 with solid growth, up 2.8% for full year
WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy ...
European Central bank cuts benchmark rate by a quarter percentage point to boost stagnant economy
The European Central Bank cut its key interest rate on Thursday, a step to boost an economy that’s struggling to grow as ...
U.S. economic growth probably slowed at the end of last year
U.S. economic growth was strong in 2024, but GDP probably slowed toward the end of the year, as households and businesses ...
Fed Watch: A Pause That Refreshes?
The Federal Reserve kept rates unchanged at the January FOMC meeting, maintaining a 4.25-4.50% range as it reassesses the economic landscape and recalibrates policy.
Trump rails against the Fed after it left interest rates untouched
The meeting went as expected, with no changes to interest rates. But the S&P 500 broad index of large cap stocks declined on ...
Fed guided by economic goals and the law, not politics, says Powell
Fielding a range of questions about the imprint of the Trump administration on the U.S. central bank, Federal Reserve Chair ...
Fed kicks off 2024 by standing pat on interest rates
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
Trump slams Fed after decision to hold interest rates steady
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
Fed holds rates steady, hitting pause after series of cuts
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...