Economy News
Federal Reserve policy, interest rates, inflation, and economic indicators
Federal Reserve Hints at Interest Rate Cuts as Inflation Eases
The Federal Reserve signaled potential interest rate cuts in the coming months as inflation continues to show signs of easing and economic growth moderates.
Inflation Drops to 2.1% in Latest CPI Report
Consumer Price Index data shows inflation falling to its lowest level in two years, providing the Federal Reserve with more flexibility in monetary policy decisions.
GDP Growth Slows to 2.3% in Q4, Below Expectations
Economic growth decelerated in the fourth quarter as consumer spending moderated and business investment remained cautious amid economic uncertainty.
Unemployment Rate Rises to 3.9% as Labor Market Cools
The unemployment rate increased slightly as job creation slowed, indicating a gradual cooling of the labor market that could influence Fed policy decisions.
Consumer Spending Growth Slows as Savings Rate Increases
Americans are saving more and spending less, with personal savings rate rising to 5.2% as consumers become more cautious about economic outlook.
Manufacturing Activity Contracts for Third Month
ISM Manufacturing PMI remained below 50 for the third consecutive month, indicating contraction in manufacturing activity and potential economic headwinds.