Home price growth slowed in December
US single-family home prices in December increased at their slowest pace since the summer of 2020, surveys showed on Tuesday, ...
Tag: federal reserve
Dow drops as hot inflation data fuels rate-hike worries
Wall Street’s main indexes fell more than 1% on Friday as a surge in consumer spending and inflation in January ...
Fed’s key gauge of US inflation surges at fastest rate since June
The Federal Reserve’s preferred inflation gauge rose last month at its fastest pace since June, an alarming sign that price ...
GDP for fourth quarter revised down to 2.7%
The US economy expanded at a smaller-than-expected 2.7% annual rate from October through December, the Commerce Department said Thursday in ...
Goldman extends forecast for continued Fed rate hikes
Goldman Sachs and Bank of America said they expect the Federal Reserve to raise interest rates three more times this year, lifting ...
Inflation fight may last ‘quite a bit of time:’ Jerome Powell
Federal Reserve Chair Jerome Powell said Tuesday the latest employment report showed the process for getting inflation back near the central bank’s ...
US unemployment hits 53-year low as employers added 517K jobs in January
US hiring was shockingly strong in January, with employers adding 517,000 jobs in a blockbuster result that could put pressure ...
Dow falls as traders await Fed’s rate-hike decision
Stock indexes fell on Wednesday ahead of the Federal Reserve’s decision on interest rates later in the day, while an ...
Goldman Sachs’ consumer business facing Fed probe: report
The Federal Reserve is probing the consumer business of Goldman Sachs to determine whether the bank had appropriate safeguards in place as ...
Existing home sales plunge in December to 12-year-low
US existing home sales plunged to a 12-year low in December, but declining mortgage rates raised cautious hope that the embattled housing market could be ...
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