Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.
Category: Federal Reserve System
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U.S. Economy Grew at 1.6% Rate in First Quarter Slowdown
Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.
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Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.
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High Borrowing Costs Have Some Democrats Urging Biden to Pressure the Fed
Polls show voters are angry about costs, like mortgages, and worried they will stay high if the president wins re-election.
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‘It’s Clearly Bleak’: Stocks Set for Longest Losing Streak in Months
A rally at the start of the year has given way to worries about economics and geopolitics on Wall Street.
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3 Facts That Help Explain a Confusing Economic Moment
The path to a “soft landing” doesn’t seem as smooth as it did four months ago. But the expectations of a year ago have been surpassed.
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Stocks Suffer Sharpest Weekly Decline of 2024
Investors had been put on edge by a stronger-than-expected inflation report earlier in the week. Rising tension in the Middle East heading into the weekend gave them another reason to retreat.
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Dimon Warns of ‘Unsettling’ Pressures as JPMorgan Reports Earnings
Warnings from the chief executive of the nation’s largest bank have been consistently at odds with heady financial markets.
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The Odds for a Summertime Fed Rate Cut Are Dwindling
Hotter-than-expected inflation has upended bets on when the Fed will start lowering interest rates, and could complicate President Biden’s re-election bid.
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Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.
Stubborn inflation and strong growth could keep the Federal Reserve wary about interest rate cuts, eager to avoid adding vim to the economy.
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Is the Boom-and-Bust Business Cycle Dead?
There is a growing view that the U.S. business cycle has changed (for better) in a more diversified economy. To some, that sounds like tempting fate.
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Inflation Was Quicker Than Expected in March, Unwelcome News for the Fed
The surprisingly stubborn reading raised doubts about when — and even whether — the Federal Reserve will be able to start cutting interest rates this year.