Tagged: Federal Reserve

Major central banks have started 2017 on cautious footing

The Bank of England’s rate-setting monetary-policy committee left the UK’s main interest rate at a record low of 0.25 per cent and voted to keep the bond-buying programme unchanged at the conclusion of its...

The US economy relies on consumers for growth

The US economy grew by an annualised pace of 1.1 per cent in the second quarter, instead of 1.2 per cent than was previously reported by the Department of Commerce. GDP, the value of all...

The US economic expansion is steadily losing steam

The US economy grew by an annualised pace of 1.2 per cent in the second quarter as business spending on structures, equipment and intellectual property weakened, according to figures released by the Bureau of Economic...

global growth

The US economy shrugs off global growth worries

US gross domestic product, the valued of all goods and services produced, grew at an annualised rate of 1 per cent in the final quarter of 2015, compared with an initial estimate of 0.7...