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BEA: Real GDP increased at 2.3% Annualized Rate in Q4

From the BEA: Gross Domestic Product, 4th Quarter and Year 2024 (Advance Estimate)
Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October…

Spending 2.5% of Britain's GDP on defence is the minimum needed to keep UK safe, Labour review to say - despite Treasury warnings it cannot be afforded

Whitehall sources told the Mail that the Strategic Defence Review due this spring will state that spending 2.5 per cent of Britain's GDP on defence is the minimum needed to keep the country safe.

FOMC Preview: No Change to Policy

Most analysts expect no change to FOMC policy at the meeting this week, keeping the target range at 4 1/4 to 4 1/2 percent.    Market participants currently expect the FOMC to be on hold at the Janua…

Schedule for Week of January 26, 2025

The key reports scheduled for this week are the advance estimate of Q4 GDP, December New Home sales, December Personal Income and Outlays and November Case-Shiller house prices.

The FOMC meets this …

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