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The US economy ended 2024 with cooler growth than expected
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 slows in the fourth quarter; spending robust
Gross domestic product increased at a 2.3% annualized rate last quarter after accelerating at a 3.1% pace in the July-September quarter.
The US economy ended 2024 with cooler growth than expected in the fourth quarter
US real gross domestic product increased at an annualized rate of 2.3% in the fourth quarter, well below the forecast of 2.7%. That growth indicates a cooler economy than in the second and third quarters of the year.
Trump slams Fed
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.
Trump slams Fed after decision to hold interest rates steady
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.
Trump attacks Fed after no change in interest rates
US President Donald Trump renewed his attacks on the US central bank, hours after officials left interest rates unchanged despite his public calls for them to cut. In a social media post, he accused the Federal Reserve and its chairman Jerome Powell of mishandling the economy,
Marketplace
20h
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 ...
19h
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.
55m
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 ...
18h
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 ...
20h
on MSN
Fed hits pause on 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 ...
2h
Why fourth-quarter GDP report suggests Fed monetary policy in ‘a good place’
Thursday’s report on U.S. gross domestic product growth in the fourth quarter was slower than expected, but “the economy ended 2024 on a strong note,” according to FHN Financial. “Domestic demand is ...
21h
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 ...
3h
on MSN
Economy grew 2.8% in 2024, holding strong despite high interest rates
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
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 ...
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