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The Fed’s Tealbook ponders alternate economic scenarios
The Fed used to have even more books with colorful covers: the Greenbook, which looked at the current state of the economy ...
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
That’s down from a 3.1% increase in the third quarter and an average 2.6% pace the first nine months of the year. ...
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How the economy responds to Fed decisions is … complicated
Usually, housing is very sensitive to Fed rate changes. But the last few cuts have actually corresponded with mortgage rate ...
Fed guided by economic goals and the law, not politics, says Powell
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
Powell Signals Fed on Hold as Trump’s Economic Policies Take Shape
Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are ...
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 ...
US economy slows in the fourth quarter; spending robust
Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the ...
Economy grew 2.8% in 2024, holding strong despite high interest rates
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
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 wait-and-see approach on interest rates.
January FOMC Meeting: Fed In Holding Pattern, Waiting For Clarity On Fiscal Policy And More Data
The Fed maintained the rates at 4.25-4.50%, citing a strong labor market and elevated inflation. Financial markets reacted ...
Fed pauses interest rate cuts as inflation, Trump's plans create uncertainty
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
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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 ...