Retail sales from the beginning of November through Christmas Eve rose 3.8 percent, according to new data released Thursday.
The dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming ...
The December 2024 economic projections from the central bank show significant changes from the September figures. They ...
Count us as two financial economists hoping only certain inflation measures fall slower than expected, and everyone’s ...
The U.S. dollar hit a five-month high against the Japanese yen on Thursday on expectations the greenback would be boosted ...
The U.S. Federal Reserve has issued their final rate cut of 2024, saying that what happens next year will depend on the actions and policies of the incoming Trump administration. Some at the reserve ...
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank ...
Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after.
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...
The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it ...
More importantly, inflation is also proving stubborn. Some argue that the Fed should be willing to tolerate (even if only ...
Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal ...