The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...
After their meeting Wednesday, Fed officials held interest rates steady in a range of 4.25% to 4.5%. In December, officials had penciled in two quarter-point cuts for 2025. Also read: Powell takes ...
Trump commented after the Federal Open Market Committee voted unanimously to keep the federal funds rate in a range of ...
INEGI announced that Q4 2024 GDP shrank by -0.6% QoQ, more than the -0.2% contraction expected by economists and down from Q3 1.1% expansion. On a yearly comparison, GDP rose 0.6%, beneath forecasts ...
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
The Fed left the rate unchanged as expected, while the ECB slashed the interest rate by 0.25 percentage point, " Alexander Shepelev noted ...
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Federal Reserve holds interest rates steady
The Federal Reserve holds firm on interest rates after their latest meeting. The decision was expected as progress is bumpy ...
But a category within the GDP data that measures the economy’s underlying strength rose at a healthy 3.2% annual rate from ...
Long Island economy will depend on how uncertainties unfold. Foremost are the fiscal policies enacted by President Trump and the monetary policies of the federal reserve.
Gold prices rose to hit a lifetime high on Thursday while the focus was also on a crucial inflation report for clues on the ...
The Fed kept its short-term rate at 4.25% to 4.50% on Wednesday in its first rate decision of 2025, after making a 1-percentage-point reduction in the final months of 2024. But th ...
European stock markets rose Thursday as the European Central Bank cut interest rates again while US shares were steady after a mixed bag of company earnings reports.