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.
WASHINGTON – U.S. existing home sales increased to a 10-month high in December, but further gains are likely to be […]
US Existing Home Sales Rise in December as House Prices Hit Record High in 2024 Read More »
WASHINGTON – At their last meeting in December, U.S. Federal Reserve officials were worried about inflation getting stuck above their
A Fed on Hold, For Now, Eyes Strong Jobs, Easing Inflation Read More »
WASHINGTON – U.S. Federal Reserve policymakers meeting next week are expected to keep interest rates on hold but the larger
Fed to Hold Rates Steady at An Unsteady Moment Read More »
On Thursday, U.S. President Donald Trump said he wants the Federal Reserve to cut interest rates at a time the
Trump Demands Fed Cut Rates, Claims Better Monetary Policy Understanding Read More »
WASHINGTON – The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no deterioration in
US Weekly Jobless Claims Rise Slightly as Labor Market Stays on Solid Ground Read More »
DAVOS, Switzerland – Guggenheim Partners’ chief investment officer forecast on Monday that the U.S. Federal Reserve might cut interest rates
Fed Could Cut Interest Rates Every Quarter in 2025, Says Guggenheim CIO Read More »
WASHINGTON – U.S. manufacturing output surged in December, likely as production at Boeing (NYSE: BA) picked up following the end
US Manufacturing Output Accelerates in December Read More »
WASHINGTON – U.S. single-family homebuilding increased to a 10-month high in December, indicating some improvement in housing activity at the
US Single-Family Housing Starts, Permits Hit 10-Month High in December Read More »
Federal Reserve Bank of Cleveland President Beth Hammack said in an interview published in the Wall Street Journal on Friday
Fed’s Hammack Says Inflation Remains a Problem, WSJ Reports Read More »
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