US Business Inventories Edge Up in November
WASHINGTON – U.S. business inventories rose marginally in November, suggesting that restocking will probably not contribute to economic growth in […]
US Business Inventories Edge Up in November Read More »
US Economy
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.
Fed May Cut Rates Sooner and Faster Than Expected If Disinflation Trend Holds Up, Waller Says
WASHINGTON – Inflation is likely to continue to ease and possibly allow the U.S. central bank to cut interest rates
Fed’s Goolsbee Says He Feels More Comfortable that Labor Market is Stabilizing, WSJ Reports
Chicago Federal Reserve Bank President Austan Goolsbee said he feels more comfortable that the labor market is stabilizing, the Wall
US Import Prices Remain Tame in December
WASHINGTON – U.S. import prices barely rose for a third straight month in December as a surge in the costs
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US Retail Sales Exit 2024 with Momentum; Labor Market on Solid Ground
WASHINGTON – U.S. retail sales increased in December as households bought motor vehicles and a range of other goods, pointing
US Retail Sales Exit 2024 with Momentum; Labor Market on Solid Ground Read More »
US Weekly Jobless Claims Increase; Labor Market Conditions Still Healthy
WASHINGTON – The number of Americans filing new applications for unemployment benefits increased more than expected last week but remained
US Weekly Jobless Claims Increase; Labor Market Conditions Still Healthy Read More »
Fed Officials Say Latest Inflation Data Helpful as They Await Trump Policies
ANNAPOLIS, Maryland – Federal Reserve officials said data released on Wednesday showed U.S. inflation was continuing to ease even as
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Fed’s Williams: Economic Data to Guide Central Bank Decisions in Uncertain Times
HARTFORD, Connecticut – On Wednesday, Federal Reserve Bank of New York President John Williams said that economic data will drive
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US Consumer Prices Post Largest Gain in Nine Months; Underlying Inflation Slowing
WASHINGTON – U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods,
US Consumer Prices Post Largest Gain in Nine Months; Underlying Inflation Slowing Read More »
