US economy ends 2024 with 2.3pc GDP growth on consumer resilience
Consumer spending, which comprises the largest share of economic activity, surged in the December quarter, led by a pickup in motor vehicle sales.
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Why the ECB’s Lagarde is looking out the window but could soon be rushing for the door
During the press conference, ECB President Christine Lagarde indicated that the central bank's macro assessment had hardly changed from its December meeting. The ECB still sees the disinflationary ...
U.S. economy grew 2.8 percent in 2024 - but inflation pressure remains
The American economy ended 2024 on a strong note - but inflation pressure remains.The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — ...
Investor's Business Daily on MSN1h
Q4 GDP Comes In Light, Key Fed Inflation Gauge In Line; S&P 500 Rises
GDP growth slowed moderately in Q4, while the Federal Reserve's inflation gauge stayed on a recent positive trend. S&P 500 futures rose.
U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
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 ...
Treasury Yields Weaken After Fed Hold
Treasury yields decline after the Fed paused interest-rate cutting yesterday and amid mixed U.S. indicators. Weekly jobless claims fall to 207,000 from 223,000, indicating that labor markets remain ...
KSAT2h
U.S. economy grows solid 2.3% from October to December, 2.8% for full year 2024
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 ...
No Surprise Cut From The Fed, And That Could Continue In The Coming Months
The Fed keeps rates unchanged, signals more hawkish stance on inflation and describes real economy as solid. See why I don't expect rate cuts in the coming months.
Lagarde's statement after ECB policy meeting
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the ...
Fed hold rates steady, sees inflation as ‘elevated’; Powell declines comment on Trump
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
Breakfast News: Hyperscalers Defend AI Spend
The latest U.S. Federal Reserve meeting saw interest rates remain on hold as it seeks to make more progress on lowering ...
Today's Mortgage Rates | Rates Tick Down as Fed Eyes Elevated Inflation
These are today's mortgage and refinance rates. Mortgage rates are likely to remain elevated until inflation comes down ...