Tag: interest rates
Consumer confidence slips in February as anxiety over potential recession reappears
American consumers are feeling less confident this month as concerns over a possible recession grew despite the most recent data pointing to a healthy...
What recession? Professional forecasters raise expectations for U.S. economy in 2024
NEW YORK (AP) – This year looks to be a much better one for the U.S. economy than business economists were forecasting just a...
Federal Reserve officials caution against cutting U.S. interest rates too soon...
WASHINGTON (AP) – Several Federal Reserve policymakers warn against cutting U.S. interest rates too soon or by too much in the wake of recent...
The Federal Reserve seems content to play the waiting game
If there’s one thing you can say about Fed policymakers, it’s that they don’t make decisions on a whim. When the Federal Open Market...
Political tensions pose threat to economy, business economists say
WASHINGTON (AP) – Just a quarter of business economists and analysts expect the United States to fall into recession this year. And any downturn...
Powell: Federal Reserve on track to cut rates this year
WASHINGTON (AP) – Chairman Jerome Powell said in an interview broadcast Sunday night that the Federal Reserve remains on track to cut interest rates...
Some Americans have become saddled with credit card debt as rent,...
NEW YORK (AP) – While the U.S. economy is broadly healthy, pockets of Americans have run through their savings and run up their credit card...
Federal Reserve signals that interest rate cuts aren’t imminent, leaves them...
WASHINGTON (AP) – The Federal Reserve indicated Wednesday that it's nearing a long-awaited shift toward cutting interest rates, a sign that officials are confident...
U.S. job openings climbed in December, pointing to a still-durable labor...
WASHINGTON (AP) – America's employers posted 9 million job openings in December, an increase from November and another sign that the U.S. job market...
Inflation has slowed, now the Federal Reserve faces expectations for rate...
WASHINGTON (AP) – Chairman Jerome Powell will enter this week's Federal Reserve meeting in a much more desirable position than he likely ever expected:...
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