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. small-business confidence surged to the highest level in just over six years in December, extending post-election gains. […]
U.S. Small Business Confidence Reaches Six-Year High in December Read More »
NEW YORK – U.S. consumers’ outlook on the expected path of inflation was mixed in December amid rising worries about
New York Fed Survey Finds Mixed Inflation Expectations in December Read More »
WASHINGTON – U.S. President-elect Donald Trump campaigned on promises of aggressive import tariffs, strict immigration curbs, deregulation, and smaller government.
Robust US Economy May Not Need Trump’s Big Reforms Read More »
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs
Strong US Job Growth Raises Doubts About Further Fed Rate Cuts Read More »
WASHINGTON – U.S. consumers expect inflation to increase over the next 12 months and beyond, likely reflecting concerns that broad
US Consumer Inflation Expectations Soar in January on Tariff Fears Read More »
WASHINGTON – U.S. job growth unexpectedly accelerated in December, while the unemployment rate fell to 4.1%. The labor market ended
US Labor Market Exits 2024 with Strong Job Gains, Drop in Unemployment Rate Read More »
NEW YORK – On Thursday, Kansas City Federal Reserve President Jeff Schmid signaled a reluctance to cut interest rates again
Fed’s Schmid Says Central Bank ‘Near’ Neutral Interest Rate Level Read More »
On Thursday, Federal Reserve Governor Michelle Bowman said she supported last month’s interest-rate cut as the “final step” in the
Fed’s Bowman: Supported December Rate Cut as ‘Final’ Recalibration Step Read More »
NEW YORK – On Thursday, Philadelphia Federal Reserve President Patrick Harker said he still expects the U.S. central bank to
Fed’s Harker Still Expects Rate Cuts but Says Imminent Move Not Needed Read More »
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