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 ...
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 ...
US economy grew 2.8 percent in 2024, but slowed to end year
Fourth quarter economic growth eased to an annualized rate of 2.3 percent, shy of an expected 2.6 percent, as the economy ...
After disappointing GDP numbers, BoE slashes Britain's interest rates, cuts economic growth forecast
The Bank of England brought down its benchmark interest rate by 25 basis points to 4.5 per cent. Following the announcement ...
Economic Survey may peg GDP growth numbers below 7% for FY26: CNBC-Awaaz
Economic Survey may peg GDP growth numbers below 7 percent for financial year 2025-26, CNBC-Awaaz reported on January 31. The ...
The US economy just had another robust year
He also noted that the strong numbers in the aggregate are masking some economic pain under the surface. Economists broadly expect the US economy to continue with its expansion in 2025, but the one ...
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Africa takes GDP recalculation campaign to G20, but scepticism abounds
Higher official GDP numbers could also help lower debt-to-GDP ratios, which creditors and investors use to gauge the ability to pay back debt. African nations often have lower credit ratings and ...
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Saudi Arabia says GDP grew 1.3% in 2024, lifted by non oil sector
"The total GDP number doesn't really matter. Our focus is really the non-oil GDP and non-oil GDP has been growing very healthily over the last few years; we are likely to see that growth ...
Forget the 2.3% GDP number. The real story is mega-strong consumer spending
Sometimes the scorecard of the U.S. economy, known as GDP, tells the whole story. But not for the fourth quarter. The economy was stronger than it looked.
U.S. Economy Finished the Year on Strong Note, but Faces Hurdles
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy ...