The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what ...
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration.
Gross domestic product — the economy's output of goods and services — expanded at a 2.3% annual rate from October through ...
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 output of goods ...
Another year of robust economic growth is in the books, underscoring how the Biden administration handed President Donald Trump what many consider a solid economy.
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...
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 ...
After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.