News

Fed meeting looms as Trump celebrates 3% GDP growth, pushes for rate cuts

President Donald Trump celebrated 3% GDP growth in Q2 and demanded the Fed rate cuts as the central bank is set to reveal its ...

GDP surged in the second quarter after sliding earlier this year

The country's GDP increased at an annual rate of 3%, a sharp turnaround from earlier this year when it fell 0.5%.

Economy bounces back to 3% growth rate in second quarter, calming recession fears

The growth in GDP, adjusted for inflation and seasonal variations, was stronger than economists expected and allays fears about a possible recession.

Economy Primed for Lower Interest Rates as Inflation Remains a Problem

The Federal Reserve is expected to begin lowering interest rates next month, and that should boost the consumer economy.

The U.S. economy rebounds to 3% growth in second quarter — but tariffs skew picture

The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the ...
Barchart on MSN4h

Fed’s Jerome Powell Just Painted a Grim Picture of the U.S. Economy After GDP ‘Slowed Notably’ and Job Growth Stalls: Here’s Why It’s Bullish

Federal Reserve Chair Jerome Powell used his annual Jackson Hole keynote speech to paint a picture of an economy facing policy-driven headwinds and rising uncertainty. He pointed to sharply higher ...
The Manila Times on MSN2d

BSP likely to cut rates again amid low inflation, slow GDP growth – Analysts

COOLING inflation coupled with subdued economic growth will likely prompt monetary authorities to deliver another 25-basis ...

Indonesia's central bank surprises with rate cut, raises GDP outlook

Indonesia's central bank cut interest rates again in a surprise move on Wednesday and flagged it could cut some more, as it ...