Fed Sees No 'Hurry' to Cut Rates as Confidence in Economy Grows, Powell Says
GDI is an alternate measure of economic growth, similar to gross domestic product, but with income rather than output as the yardstick. A gap between the two led Fed officials to worry that output might be weaker than thought, but the two converged when the estimate of GDI was increased.
While rate cuts by the Fed typically lower borrowing costs, experts say increased affordability in mortgages could lead to a ...
The Dow Jones Industrial Average rose 17.15 points, or 0.04%, to end at 42,330.15, a record closing high. It is the index's ...
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark ...
Powell is speaking at the 66th annual gathering of the National Association for Business Economics, in Nashville this year.
Federal Reserve Chair Jerome Powell said the central bank was focused on bringing rates down to a level that neither spurs ...
POWELL, Ohio — The Columbus Zoo and Aquarium announced the details for its annual Boo at the Zoo Halloween events this year. The dates for this year's activities are Oct. 11-13, Oct. 18-20 and Oct. 25 ...
The rain held off Saturday, Sept. 28, until the Founders Day Parade had gone through the village of Mount Gilead and people ...
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