Officials reduced the deposit rate by a quarter-point to 2.75% — as predicted by all analysts in a Bloomberg poll.
Consumer spending, which comprises the largest share of economic activity, advanced at a 4.2% pace. This was led by a pickup in motor vehicle sales.
Stock futures are mixed Thursday morning as investors react to a barrage of earnings reports from major companies and important economic indicators.
GDP growth slowed moderately in Q4, while the Federal Reserve's inflation gauge stayed on a recent positive trend. S&P 500 futures rose.
Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit ...
The US is considering new restrictions on chip sales to China, adding to existing concerns about competition from Chinese AI models.
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 ...
The disappointing GDP figures from Germany, France, and Italy today provide a weak backdrop for the ECB, which is set to deliver a quarter-point cut. Click to read.
Volatility in equities and bonds, as well as potential weakness in non-US currencies, could provide additional boosts to ...
Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and ...