Fed Chair Powell's monetary-policy testimony on Tuesday to the Senate Banking Committee, and on Wednesday to the House Financial Services Committee, will also be watched closely for clues on the rate ...

The Bank of England on Thursday halved its forecast for UK economic growth this year, blaming global risks amid US tariff threats and deteriorating business confidence in the UK. The sharp downgrade, ...

Canadian Dollar weakens as Fed decision overshadows domestic GDP data By Investing.com - Feb 01 ... while Wall Street’s main indices remained mixed following a decision from the US Federal... Our ...

Compensation costs for civilian workers increased 0.9 percent, seasonally adjusted, for the 3-month period ending in December 2024, the U.S. Bureau of Labor Statistics reported today. Wages and ...

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, ...

The U.S. Department of Commerce noted on the 30th (local time) that the GDP growth rate for the fourth quarter of last year ...

The local stock market suffered another crushing blow, plunging to its lowest level in almost 15 months following the US Federal Reserve’s decision to keep interest rates unchanged and a ...

U.S. gross domestic product grew by 2,3% in Q4 2024 after expanding by 3.1% in Q3. Consumption was the lion's share of growth ...

Investing.com - The US dollar slipped slightly lower Thursday, handing back some of the previous session’s gains after a slightly hawkish US Federal Reserve meeting, with the European Central Bank now ...

Economists expect that real GDP grew about 2.3% in the period, below the third quarter’s growth rate, due to a trade deficit in goods.

The report said gross domestic product shot up by 2.3 percent in the fourth quarter after surging by 3.1 percent in the third quarter. Economists had expected GDP to jump by 2.6 percent.

The nation’s gross domestic product ... A healthy economy could keep the Federal Reserve's interest rate cutting campaign on pause for longer. Wednesday, the Federal Reserve paused its ...