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U.S. economy grew 2.3% in 4th quarter
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed plans for more rate cuts
US economy resilient despite moderation in growth in fourth quarter
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
U.S. economy grew 2.3% in fourth quarter, below expectations
U.S. real Gross Domestic Product increased 2.3% at an annual rate in the fourth quarter of 2024, according to a Thursday report from the Bureau of Economic Analysis. Third quarter GDP was 3.1%.
Powell Signals Fed on Hold
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 for the foreseeable future, pointing to a number of reasons why he and his colleagues expect to take their time before lowering borrowing costs again.
Fed Chair Powell: Economy in a good place, no need to make policy adjustments at this time
Federal Reserve Chair Jerome Powell fields questions from reporters after the central bank announced it would leave rates unchanged.
Trump slams Fed
Fed Holds Interest Rates: What Small Businesses Can Expect In The 1st Quarter Of 2025
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed failed to stop the problem they created with Inflation,
Wall Street ends down but off day's lows; Fed holds rates steady
U.S. stocks ended lower on Wednesday, but off their lows of the day, with the Federal Reserve holding interest rates steady as expected and Fed Chair Jerome Powell offering soothing comments for investors.
Trump slams Fed after decision to hold interest rates steady
Federal Reserve officials held interest rates steady after their latest policy meeting, drawing sharp criticism from President Donald Trump.
Marketplace
7h
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 ...
1d
Fed hits pause on interest rate cuts amid Trump’s flurry of economic plans
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
1d
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
Marketplace
1d
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 ...
1d
on MSN
Key takeaways from the Fed’s decision to pause interest rate cuts
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second ...
1d
on MSN
Ferguson: An independent Fed is good for the U.S. economy and for everyone
Roger Ferguson, Past President & CEO of TIAA and Former Federal Reserve Vice Chairman, expects the Fed to pause rate changes ...
10h
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.
1d
on MSN
The Federal Reserve is starting something new: Pausing
The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.
1d
on MSN
Fed's rate pause could spell trouble for the U.S. economy
Brian Jacobsen, chief economist at Annex Wealth, joined TheStreet to discuss what higher for longer rates means for the ...
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