The economy will expand by more than previously expected this year and the Federal Reserve will…
Tag: Recession
Inflation proving stickier than expected has dashed hopes for quick Fed rate cuts
Inflation isn’t moving down as quickly as the Federal Reserve hoped, forcing investors to dig in…
Inflation comes in hotter than expected at 0.9% in January in producer price index
Wholesale inflation, as measured by the producer price index, declined slightly to 0.9% for the year ending in January but…
Economy started 2024 strong with 353,000 jobs in January
The economy again beat expectations in January and added 353,000 jobs, the Bureau of Labor Statistics…
Consumer confidence hits two-year high as inflation moderates
Consumer confidence in January is the highest it has been in two years, good news for the economy as…
Job openings ticked up in December
The number of job openings in the United States increased by 100,000 to 9 million in December, positive news for…
Economy grew 2.5% in 2023, holding strong despite high interest rates
The economy grew 2.5% in 2023, defying fears of a recession and outperforming expectations despite a…