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US economic activity bounces back with 3% GDP growth as imports decline, Trump says ‘way better than expected’
Trump hailed the GDP number in a social media post as “WAY BETTER THAN EXPECTED” and renewed his call for Fed Chair Jerome Powell and his colleagues to lower interest rates. Officials are widely expected to keep borrowing costs unchanged for now.
Investor focus is on the upcoming FOMC meeting, with expectations of unchanged interest rates. Fed Chair Powell is likely to ...
The euro rose on Monday following a framework trade deal reached over the weekend between the United States and the European ...
Torsten Sløk, chief economist at Apollo Global Management, says the economy may have a slowdown before recovering.
The state of President Donald Trump’s economy is about to come into full view. A slew of crucial economic data is set for release this week, including the jobs report, inflation, consumer confidence ...
US Real GDP figures came in at a -0.5% annual growth rate, down from 2.4% in the fourth quarter. Read more here.
IMF first global growth forecasts on resilience; China-US talks extended; US sentiment hurt by jobs worries; US signals much ...
Hang Seng Index climbs on US-EU trade deal hopes and tech gains; focus shifts to US-China talks and Beijing’s next policy ...
US economy stays strong with robust data, resilient spending, and firm balance sheets. Growth to slow slightly but remains ...
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