News list for "Federal Reserve Chairperson Powell said that recently"

Federal Reserve Chairperson Jerome Powell said recent indicators suggest economic activity continues to expand at a solid pace. GDP grew 2.5% in 2024, buoyed by consumer spending elasticity. Investment in equipment and intangible assets appeared to decline in the fourth quarter, but overall performance was solid throughout the year. Activity in the real estate sector appears to have stabilized after a weak mid-year last year. In...

2025-02-11 15:20:27