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interest rates

Kellyanne Conway
Aug 20, 2019

White House insists fundamentals of US economy ‘very strong’

The “fundamentals” of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President […]

Economy GDP
Jul 26, 2019

US economy slowed to 2.1 percent growth rate in second quarter

The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy’s total output of goods and services, grew at […]

Economy GDP
Jul 26, 2019

US economy slowed to 2.1 percent growth rate in second quarter

The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy’s total output of goods and services, grew at […]

Jerome Powell
Jul 10, 2019

Powell signals that rate cut could be coming soon

Chairman Jerome Powell signaled Wednesday that the Federal Reserve is likely to cut interest rates late this month for the first time in a decade in light of a weakening […]

Jerome Powell
Jul 10, 2019

Powell signals that rate cut could be coming soon

Chairman Jerome Powell signaled Wednesday that the Federal Reserve is likely to cut interest rates late this month for the first time in a decade in light of a weakening […]

Jun 18, 2019

European Central Bank hints at stimulus – drawing Trump ire

The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday. Investors […]

Jun 18, 2019

European Central Bank hints at stimulus – drawing Trump ire

The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday. Investors […]

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