Atlanta Fed GDP Tracker Revised To 3.0% Growth In Q3; Focus On Fed's Rate Cut Move Today
We note that the Atlanta Fed GDP tracker was revised yesterday to 3.0% growth in Q3. Benchmark 10-year yields are 3-5 bp ...
Recession Not Yet: Retail Sales Help Push Up Atlanta Fed GDPNow To +3.0% For Q3 GDP
Retail sales rose 0.1% in August from July, seasonally adjusted, on top of the upwardly revised 1.1% jump in July, and the ...
Atlanta Fed’s Bostic Violated Trading Rules, Watchdog Says
Raphael Bostic, president of the Federal Reserve Bank of Atlanta, violated Federal Open Market Committee rules and Reserve ...
Fed lowers interest rates with surprising jumbo half-point cut
Interest rates are historically high because of the Fed’s fierce post-pandemic inflation fight. In the span of just a year ...
Bloomberg L.P.20h
Fed’s Big Opening Move Is Rocket Fuel for Stocks
(They went for the bigger cut). And yet, the Atlanta Fed’s GDPNow economic tracker shows GDP growing at almost 3% based on ...
Here's What a Fed Rate Cut Will Mean for U.S. Households
Some -- but not all -- of the economic pressures that have been a feature of the past two years will ease when the central ...
What does a Fed rate cut mean for American households?
A lower policy rate should translate to cheaper borrowing costs for most kinds of loans while, on average, paychecks are now ...
Atlanta Fed's Bostic violated trading rules, US central bank watchdog says
By Michael S. Derby (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic's trading and investing broke central ...
What does a Fed rate cut mean for the economy and consumers?
The Federal Reserve is set to cut U.S. short-term borrowing costs on Wednesday, a watershed moment that should start to ease ...
Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years
WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid pandemic, ...
Fed Prepares For First Rate Cut, But Is It Too Late? Ed Yardeni Calms Recession Fears Amid Recent Strong Data
The spate of soft data that came out in August set investors worrying about a potential recession but a strategist suggests ...
With Fed's rate cut at hand, debate swirls over how big a move
The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than four years as the ...