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Tag: policy rate

A person takes a photo while looking toward the Manhattan skyline on the Winter Solstice in Brooklyn, New York City, U.S., December 21, 2021. REUTERS/Andrew Kelly/File Photo

US economic growth slows in first quarter; inflation surges

he U.S. economy grew at its slowest pace in nearly two years as a jump in imports to meet still-strong consumer spending widened the trade deficit.

Read More US economic growth slows in first quarter; inflation surges
The signs in a storefront window read "Going Out of Business" in Charleston, South Carolina, U.S., March 7, 2024. REUTERS/Brian Snyder/FILE PHOTO

US small-business sentiment slides to lowest level in more than 11 years

NFIB said its Small Business Optimism Index fell 0.9 point to 88.5 last month, the lowest level since December 2012.

Read More US small-business sentiment slides to lowest level in more than 11 years
A woman shops for groceries at El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

US monthly inflation slows; consumer spending surges

U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.

Read More US monthly inflation slows; consumer spending surges
Signage for a job fair is seen on 5th Avenue after the release of the jobs report in Manhattan, New York City, U.S., September 3, 2021. REUTERS/Andrew Kelly/File Photo

US weekly jobless claims unexpectedly fall; labor market gradually cooling

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week.

Read More US weekly jobless claims unexpectedly fall; labor market gradually cooling
The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, D.C., U.S., June 14, 2022. REUTERS/Sarah Silbiger/File Photo

Fed rate cut seen on track for June even as inflation bumps up

Traders speculate on the Federal Reserve’s next move, predicting potential interest-rate cuts to address economic trends.

Read More Fed rate cut seen on track for June even as inflation bumps up
Federal Reserve Chair Jerome Powell holds a press conference following the release of the Fed's interest rate policy decision at the Federal Reserve in Washington, U.S., January 31, 2024. REUTERS/Evelyn Hockstein

Fed says more ‘confidence’ needed on inflation front before rate cuts can start

The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.

Read More Fed says more ‘confidence’ needed on inflation front before rate cuts can start

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