ABBO News offers comprehensive coverage of the US economy: stay updated with the latest economic trends, policy changes, and market movements. Get expert insights to navigate the complexities of the American economic landscape and make informed decisions.
On Friday, Michelle Bowman, the Federal Reserve Governor, said that inflation risks to the economy remain real and labor market […]
Fed’s Bowman: Inflation Risks Demand a Cautious Approach to Rate Cuts Read More »
In her first major policy speech, Federal Reserve Bank of Cleveland President Beth Hammack said on Friday she’s keeping her
Fed’s Hammack: Time to Slow Rate Cuts May Have Arrived Read More »
CHICAGO/PALO ALTO, California – Federal Reserve officials appear on track to cut interest rates this month after data showed the
Fed Seen Poised to Cut Rates This Month, Debate 2025 Pause Read More »
CHICAGO – Chicago Federal Reserve president Austan Goolsbee said that economic conditions will determine how fast the Federal Reserve cuts
Fed’s Goolsbee Hopes Neutral Can Be in Sight by Late Next Year Read More »
WASHINGTON – U.S. job growth surged in November after being severely hindered by hurricanes and strikes. However, a rise in
US Job Growth Up in November as Boeing Workers Return, Hurricanes Over Read More »
WASHINGTON – Annual benchmark revisions to U.S. nonfarm payrolls are likely to show the economy added about 668,000 fewer jobs
Import tariffs during President-elect Donald Trump’s first term broadly lowered stock values on the day they were unveiled and were
Tariffs Under First Trump Term Hurt US Firms, NY Fed Analysis Says Read More »
WASHINGTON – The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing
US Weekly Jobless Claims Edge Up; Falling Imports Compress Trade Deficit Read More »
WASHINGTON – The U.S. trade deficit contracted sharply in October as imports declined by the most since late 2022, potentially
US Trade Deficit Shrinks on Decline in Imports Read More »
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