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the interest rate cut from the Fed could affect you
Solid U.S. GDP Growth Is Unlikely To Prevent Fed Interest Rate Cuts
U.S. Gross Domestic Product expanded by 2.8% in the third quarter of 2024. Despite solid U.S. economic growth, the Fed is likely to cut interest rates further this year.
U.S. Economy Sees Solid Growth and Cooling Inflation in Third Quarter, GDP Report Shows
The odds remain high that Federal Reserve officials will lower interest rates by a quarter of a percentage point at their Nov. 6-7 policy meeting, even with robust growth. The consensus call among economists surveyed by FactSet is that real GDP grew at an annualized rate of 2.
The economy grew 2.8% in the third quarter. How it could affect Fed interest rates
In the third quarter, consumption increased at an annual rate of 3.7%, above the 2.8% pace in the second quarter. Consumer spending makes up about 70% of economic activity.
13d
Q3 GDP: Economy grows at 2.8% annual pace, led by strong consumer
U.S. economic growth in the third quarter looked like it was going to top 3% again, but that was before a surprising surge in ...
Inquirer on MSN
3d
Dec rate cut likely amid slow Q3 GDP growth
The slower-than-expected economic growth in the third quarter would help justify another potential rate cut by the Bangko ...
Opinion
8d
Opinion
GDP Is Stronger With a Blue White House and Red States
The long run of economic outperformance under Democratic presidents continues, but Republican states have beaten blue ones ...
12d
on MSN
Third-quarter GDP rose at 2.8% rate ahead of the election, buoying Harris
The government released the latest GDP reading for the third quarter, the last such GDP report before the November elections.
12d
GDP Growth In Third Quarter: Strong
Analysis of the US economy in Q3 2024, with GDP growth at 2.7% and the Fed maintaining policy stance. Explore more details ...
Better Dwelling
21h
Canada Makes A Huge GDP Revision, BoC Made Supersized Rate Cut On Bad Data
Canada must have found some economic progress in the pocket of an old winter coat. Last week Statistics Canada (Stat Can) ...
VietNamNet
12h
VN communications sector posts $150 billion revenue, doubling GDP growth rate
Vietnam’s Information and Communications sector has achieved a staggering annual revenue of $150 billion, equal to one-third ...
devdiscourse
1d
Niger’s Road to Recovery: Economic and Educational Reforms for Sustainable Growth
The Niger Economic Update 2024, published by the World Bank, sheds light on Niger's economic challenges stemming from ...
Arabian Business
2d
Dubai GDP hits $31.5bn in Q2 2024 with 3.3 percent growth rate: Sheikh Hamdan
The growth figures align with Dubai's Economic Agenda D33 and Dubai Social Agenda 2033, which aim to position the emirate as ...
4d
Measuring Economic Conditions: GNI or GDP?
Discover why gross national income may be a better economic metric than gross domestic product when a country receives ...
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