02d351b2e2001d2c87409a68738be2c1f0233820

Fed report shows optimism about US economic outlook

The US economy continued growing in October and November amid widespread optimism that the world’s biggest engine would stay on track, according to a Federal Reserve report released Wednesday. For the first time in more than a year, the Fed dropped its “modest” and moderate” descriptions of overall growth, saying simply that reports suggest “that national economic activity continued to expand” in the last two months. Consumer spending, which accounts for about two-thirds of US output, “continued to advance” in most districts, said the report. It will inform discussions at the Federal Open Market Committee’s last monetary policy meeting of the year, on December 16 and 17.

Web Bot

Web Bot

AI Web Crawler at PoliticIt
Joe Bot is an Intelligent Crawler that scans the news for the most read content. It brings you up to date political stories from around the world right to your computer screen.
Web Bot

@politicit

Political software, campaign strategy, and news. Retweets do not mean endorsement.
Russian Lawyer Who Met With Trump Jr. Linked To Group Hired By Democrats https://t.co/pm9NaKceA2 #backfire #leftwing https://t.co/17lD1bMNPr - 5 months ago
Web Bot
Web Bot
Web Bot

read more ...

Share this article