Marketplace1h
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
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 ...
Marketplace23h
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 ...
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 ...
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 ...
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 ...
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.
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 ...
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 to boost an economy that’s struggling to grow as consumers ...
PBS10h
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 ...
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 ...
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.