Economy
PCE Price Index Shows Inflation Increase in September
The Personal Consumption Expenditures (PCE) price index rose by 0.5% in September, indicating a 3.6% increase year-over-year.
U.S. Economy Boasts Strong 3.4% Growth in Third Quarter, Driven by Consumer Spending and AI Investment
The U.S. economy saw robust expansion in the third quarter, fueled by significant increases in consumer spending and notable contributions from artificial intelligence.
Fed Keeps Rates Steady Amid High Inflation, Midterm Elections Looming
The US Federal Reserve has decided to hold interest rates steady at 3.75% - 4%, despite ongoing high levels of inflation.
U.S. GDP Surges to 3.4% Growth in Third Quarter
The U.S. economy saw robust expansion in the third quarter, driven primarily by consumer spending.
U.S. GDP Surges Past Expectations in Third Quarter Amid Accelerating Inflation
The U.S. economy saw stronger growth than anticipated in the third quarter, with GDP increasing by 3.4%, while inflation showed signs of acceleration.
Fed Maintains Rates Before Midterms, Despite Rising Inflation
The US Federal Reserve kept interest rates unchanged at 3.75% to 4%, just before the midterm elections, despite recent increases in inflation.
