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Gross domestic product grew at the expected 2.1% annualized pace in the third quarter, as economists wondered how long consumers will stay strong and offset soft business investment.
December 20 -
The strength of Friday’s employment report confirms that growth will pick up and recession is unlikely before 2023, according to at least one expert.
December 6 -
Most observers were skeptical, even as markets rallied after President Trump said a trade deal with China is close.
November 22 -
Federal Reserve Bank of Richmond President Tom Barkin notes the bond market is signaling pessimism and asks whether rates negate that message.
November 5 -
With talk of a possible mini deal on trade with China and the Federal Reserve announcing it will buy about $60 billion of Treasury bills each month to build its reserves, the 10-year Treasury note was yielding more than three-month bills on Friday for the first time since July.
October 11 -
Retail sales showed consumers continue to propel the economy, though the number excluding autos was weaker than forecast.
September 13 -
Consumers are still fueling economic expansion, with personal consumption gaining 0.6% in July after a 0.3% rise in June.
August 30 -
With a rate cut all but certain at this month’s Federal Open Market Committee meeting, the discussion has again turned to the magnitude.
July 19 -
Consumers put a crimp in expectations for rate cuts this year.
June 14 -
U.S. consumer sentiment fell in April for the first time in three months, missing estimates, as the long-term economic outlook dropped to the lowest in more than a year and enthusiasm over tax cuts waned.
April 12