Yet real GDP grew by 2.8% from 2023 to 2024, below 2023’s 2.9% but well in line with healthy economic growth. The U.S.
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on the economic indicators here.
U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy ...
The Baltimore Banner thanks its sponsors. Become one. On Saturday, President Donald Trump has vowed to slap tariffs on the ...
The Fed used to have even more books with colorful covers: the Greenbook, which looked at the current state of the economy ...
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.
The U.S. economy closed out 2024 with strong momentum at 2.8 percent growth, driven by robust consumer spending.
WASHINGTON – 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's ...
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
President Donald Trump blasted Fed Chair Jerome Powell and the nation's central bank Thursday, blaming their actions for ...