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This week’s reports provide a snapshot of how the economy ended 2024. While market swings are likely, the data is unlikely to alter the Federal Reserve’s approach.
Headline inflation has accelerated in recent months, and a strong economy has left room for further price growth. Reflecting this, the yield on the benchmark 10-year Treasury has risen nearly 100 ...
"The U.S. economy experienced a huge second wave of inflation back in the late 1970s after the Fed brought interest rates way down," said Gayed. Inflation had dropped from 11% to 4% before surging ...
Business and economy A general strike by Belgian unions to protest against government plans for pension reform occurs, with the work stoppages severely disrupting public transport in Brussels as well as rail and air travel throughout the country.
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The World Bank predicted that overall sub-Saharan Africa's economy would shrink by 2.1%–5.1% during 2020. [64] African countries cumulatively owe $152 billion to China from loans taken 2000–2018; as of May 2020, China was considering granting deadline extensions for repayment, and in June 2020, Chinese leader Xi Jinping said that some ...
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(The Center Square) – The upcoming week is filled with crucial economic data releases that will provide insight into the state of the U.S. economy as it transitions into 2025. A mix of labor ...
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