Economy News Fed S Confidence In Economy Mixed On Latest Inflation Data

US stocks approach records after mixed reports on economic growth, consumer confidence

Stocks are edging closer to records Tuesday following updates that showed the economy grew sharply during the third quarter, but inflation remains high and consumers are losing confidence. The S&P 500 ... Read More

Chicago Fed president on the economy’s mixed signals

Inflation is showing fresh signs of cooling, ticking up 2.7% year-over-year, lower than many economists had expected. It follows the release of a delayed jobs report that showed weak growth and the ... Read More

Asian markets are mixed after the S&P 500 hits record high, buoyed by strong US economic data

Asian markets are mixed after the U.S. benchmark S&P 500 closed at another record high following a report that the U.S. economy grew at a 4.3% annual rate in July to September. Read More

Stocks approach record highs despite tanking consumer confidence and high inflation

Stocks are inching towards record levels this Tuesday, following reports of significant economic growth in the third quarter. Read More

Fed's Goolsbee in Fox Business interview welcomes latest inflation data, says more rate cuts may loom

Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday “there’s a lot to like” in the latest consumer price index data, and if it can be sustained, it will help open the door for ... Read More

The US economy expanded at the fastest pace in two years as wealthier Americans kept spending

An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ... Read More

Wall Street Rallies Amidst Economic Momentum and Inflation Concerns

Wall Street sees another record high driven by robust economic growth reports. The S&P 500, Dow Jones, and Nasdaq show gains due to big tech stocks. Despite inflation concerns, Novo Nordisk's gains ... Read More

New Jobs, Inflation Data Could Provide Some Guide to Where the Economy Is Headed

Data on employment and consumer prices for November will offer some recent insight into the state of the economy. Read More

Will Inflation Uncertainty Remain A Speed Bump For Rate Cuts In 2026?

Expectations are mixed on the outlook for more rate cuts by the Fed in 2026. The outlook is more favorable for resuming cuts at the March meeting. Status quo continues in the bond market. Read More

Inflation, government shutdown reduces confidence for another Fed rate cut

The last thing the American economy needed was another dose of uncertainty, but that’s exactly what it got last week as traders and economists pulled back expectations that Federal Reserve officials ... Read More