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U.S. economy grew 2.3% in 4th quarter

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

Reuters · 9h

US economy resilient despite moderation in growth in fourth quarter

U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.

Hosted on MSN · 11h

U.S. economy grew 2.3% in fourth quarter, below expectations

U.S. real Gross Domestic Product increased 2.3% at an annual rate in the fourth quarter of 2024, according to a Thursday report from the Bureau of Economic Analysis. Third quarter GDP was 3.1%.

Powell Signals Fed on Hold

U.S. News & World Report · 1d

Fed Guided by Economic Goals and the Law, Not Politics, Says Powell

(Reuters) - Fielding a range of questions about the imprint of the Trump administration on the U.S. central bank, Federal Reserve Chair Jerome Powell on Wednesday said that politics had not prompted the Fed's decision to leave a global climate-focused group, and would not affect its interest-rate calls.

Bloomberg L.P. · 1d

Powell Signals Fed on Hold as Trump’s Economic Policies Take Shape

Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are for the foreseeable future, pointing to a number of reasons why he and his colleagues expect to take their time before lowering borrowing costs again.

CNBC on MSN · 1d

Fed Chair Powell: Economy in a good place, no need to make policy adjustments at this time

Federal Reserve Chair Jerome Powell fields questions from reporters after the central bank announced it would leave rates unchanged.

Fed, Wall Street and interest rates

NBC News on MSN · 1d

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.

Las Vegas Sun · 1d

Stock market today: Wall Street mixed ahead of the Fed's rate decision

Anxiety over a Chinese startup’s threat to American artificial intelligence dominance faded further Wednesday as investors turned their focus to the Federal Reserve’s rate decision due later in the da

U.S. News & World Report · 1d

Stock Market Today: Wall Street Slips After the Federal Reserve Keeps Interest Rates Steady

U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September

Marketplace5h

The Fed’s Tealbook ponders alternate economic scenarios

The Fed used to have even more books with colorful covers: the Greenbook, which looked at the current state of the economy ...

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.

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 ...

Marketplace1d

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 ...

1don 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 ...

5hon 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.

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 wait-and-see approach on interest rates.

1don MSN

Fed's rate pause could spell trouble for the U.S. economy

Brian Jacobsen, chief economist at Annex Wealth, joined TheStreet to discuss what higher for longer rates means for the ...

1don MSN

Fed stands pat, leans hawkish with omission of inflation-progress reference

The Federal Reserve left interest rates in the 4.25% to 4.50% target range on Wednesday and gave little insight into when ...

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