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US GDP

US GDP growth at 3% in June quarter, in line with economists' expectations

US GDP growth at 3% in June quarter, in line with economists' expectations

Thu, Sep 26, 2024

The world's largest economy registered expansion of 3 per cent in the April-June period, the same level recorded in the previous quarter and in line with economists' expectations.

US GDP growth at slower-than-expected 1.6% in March quarter

US GDP growth at slower-than-expected 1.6% in March quarter

Thu, Apr 25, 2024

Americans’ attention as the election season has intensified. Although inflation has slowed sharply, to 3.5% from 9.1% in 2022, prices remain well above their pre-pandemic levels.

US consumer spending fuels strong fourth-quarter GDP growth at 3.2%

US consumer spending fuels strong fourth-quarter GDP growth at 3.2%

Wed, Feb 28, 2024

The report from the Commerce Department showed a much stronger growth profile last quarter, with upgrades to consumer spending, state and local government investment as well as residential and business outlays.

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Fed's Waller calls Q3 US GDP growth a 'blowout,' but newer data suggest slowdown

Fed's Waller calls Q3 US GDP growth a 'blowout,' but newer data suggest slowdown

Wed, Nov 08, 2023

Federal Reserve policymakers fresh from last week's decision to hold the policy rate steady are weighing strong economic data, some signs of a slowdown, and the impact of higher long-term bond yields as they consider if they will need to hike rates further to bring down inflation.

US dollar index edges higher as GDP, jobless claims affirm rate hike bets

US dollar index edges higher as GDP, jobless claims affirm rate hike bets

Fri, Apr 28, 2023

The advance estimate of first-quarter gross domestic product (GDP) showed a 1.1% annualized rate during the period. The economy grew at a 2.6% pace in the fourth quarter. Economists polled by Reuters had forecast GDP rising at a 2.0% rate.

Dow Jones, Nasdaq, S&P 500 futures indicate a higher start on Wall Street; all eyes on US GDP data

Dow Jones, Nasdaq, S&P 500 futures indicate a higher start on Wall Street; all eyes on US GDP data

Thu, Feb 23, 2023

Wall Street Dow Jones News: The futures of Dow Jones, S&P 500 and Nasdaq Composite rose on Thursday, February 23 ahead of the opening bell on Wall Street as investors awaited a key GDP reading of the world's largest economy, a day after minutes of the latest FOMC review showed Fed officials agreed to slow the pace of increases in benchmark interest rates.

US economy slowed in December quarter but still grew at 2.9%; Wall Street gains

US economy slowed in December quarter but still grew at 2.9%; Wall Street gains

Thu, Jan 26, 2023

Thursday's estimate from the Commerce Department showed that the nation's gross domestic product ? the broadest gauge of economic output ? decelerated last quarter from the 3.2 per cent annual growth rate it had posted from July through September

Biggest inflows to U.S. large caps since April - BAML

Biggest inflows to U.S. large caps since April - BAML

Fri, Dec 15, 2017

The planned tax overhaul will slash the U.S. corporate tax rate to 21 percent, helping to fuel a burst of growth in 2018 according to the U.S. Federal Reserve. It also cheered up investors who have been betting on expansionary U.S. policies all year.

US GDP revision, higher oil boost stocks

US GDP revision, higher oil boost stocks

Fri, Mar 31, 2017

Banks and energy led U.S. stocks higher as oil prices rose and U.S. gross domestic product annualised growth was revised up to a 2.1% rate from 1.9%. Growth in consumer spending, which accounts for more than two-thirds of U.S. economic activity, was also revised upward.

US Fed set to hike rates, policy outlook now hinges on Trump presidency

US Fed set to hike rates, policy outlook now hinges on Trump presidency

Wed, Dec 14, 2016

Trump has not yet taken office, and any proposals would have to clear a Republican-controlled Congress that may be stricter about increasing public debt than Trump. In recent public appearances some Fed officials have said they see a chance Trump`s policies may force them to speed the pace of rate increases, yet also said they are hesitant to change their outlook before he shares more details.

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