Tag: European Central Bank
U.S. economy grows solid 2.3% from October to December
WASHINGTON (AP) – The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.
The Commerce Department reported Thursday that...
Inflation data this week could help determine Fed’s timetable for rate...
WASHINGTON (AP) – After Federal Reserve officials meet this week, a statement they will issue may suggest that they've seen meaningful progress on inflation...
Federal Reserve is likely to preach patience as consumers, markets look...
WASHINGTON (AP) – Across the United States, many people are eagerly anticipating the Federal Reserve's first cut to its benchmark interest rate this year: Prospective...
Federal Reserve is poised to leave rates unchanged as it tracks...
WASHINGTON (AP) – Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues...
Sharply higher gas prices pushed up inflation in August, yet underlying...
WASHINGTON (AP) – A spike in gas prices pushed up inflation in August, yet most other costs rose at a more modest pace, evidence...
An inflation gauge tracked by the Federal Reserve falls to its...
WASHINGTON (AP) – An inflation index that is closely monitored by the Federal Reserve tumbled last month to its lowest level since April 2021,...
Fed and ECB bend to markets ahead of economy
Fearing market disruptions, both the European Central Bank and the Federal Reserve will most likely take more stimulus measures this month regardless of what...
Stocks, dollar rise after late selloff; oil gains
NEW YORK – U.S. stocks rose with the dollar, while Treasuries slipped as investors reassessed the Federal Reserve’s signal that it intends to shrink...