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The US economy ended 2024 with cooler growth than expected
The economy grew 2.3% in the fourth quarter. What it could mean for Fed rate cuts
That’s down from a 3.1% increase in the third quarter and an average 2.6% pace the first nine months of the year. Economists surveyed by Bloomberg had forecast a 2.6% increase in output.Start the day smarter.
US economy resilient despite moderation in growth in fourth quarter
U.S. economic growth slowed in the fourth quarter as a strike at Boeing depressed business investment in equipment, but consumer spending increased at its fastest pace in nearly two years, underscoring strong domestic demand that probably keeps the Federal Reserve on a slow interest rate cut path this year.
The US economy ended 2024 with cooler growth than expected in the fourth quarter
Real GDP growth in the fourth quarter of this past year was short of the expected 2.7% increase.
3h
on MSN
US Economy Outstripped China in 2024 for Third Year in a Row
The US tightened its grip on the title of world’s biggest economy in 2024 as an irrepressible American consumer helped it ...
1d
on MSN
Americans Are Changing Their Mind on the Economy
Confidence in the U.S. economy is inching upward, according to a new poll, though lingering doubts are still strong.
8h
on MSN
U.S. growth slowed at end of 2024, GDP shows, but economy looks good under the hood
The U.S. grew at a mild 2.3% annual pace in the final three months of 2024, but the details of the report showed an economy ...
12h
on MSN
European Central Bank Cuts Benchmark Rate by a Quarter Percentage Point to Boost Stagnant Economy
The European Central Bank is cutting its key interest rate, a step to boost an economy that’s struggling to grow as consumers ...
2d
on MSN
Russian Economy Facing a Tidal Wave of Bankruptcies
One in five firms are at risk of defaulting on their loans, according to Russia's Center for Macroeconomic Analysis and Short ...
Marketplace
23h
How the economy responds to Fed decisions is … complicated
Usually, housing is very sensitive to Fed rate changes. But the last few cuts have actually corresponded with mortgage rate ...
12h
on MSN
Europe’s economy showed zero growth at end of 2024 as Germany, eurozone’s biggest economy, struggled
Europe’s economy stagnated late last year as its former growth engine, Germany, finished a second straight year of shrinking ...
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