While Fed officials seem inclined to hold off on further rate cuts for the next few months, Fed Chair Jerome Powell in his post-meeting news conference said the US economy remains in a good place, ...
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.
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates. Fed Chair Jay Powell ...