Nominal GDP targeting would allow the central bank to balance price stability and maximum employment more effectively.

Respondents to a Federal Reserve Bank of Dallas survey expressed concern about a reduction in consumer demand and a potential ...

As widely expected, the Federal Reserve held its key interest rate steady. Officials are waiting for the economy to send signals about its trajectory amid uncertainty about the effects of President ...

The Federal Reserve said Wednesday it was leaving ... it lowered its forecast of gross domestic product, a measure of the total value of all goods and services produced within the U.S., for ...

But the most jarring development was the number of Fed board members and Federal Reserve Bank presidents who reported heightened uncertainty around their outlooks for joblessness, inflation and GDP.

The Federal Reserve on Wednesday announced ... in their last projections released in December. They see real gross domestic product (GDP) growing 1.7% as of the end of 2025, down from a 2.1% ...

The Federal Reserve held its benchmark interest ... Policymakers now expect the nation's gross domestic product — the total output of goods and services — to expand 1.7% this year, down ...

Federal Reserve chairman Jerome Powell keeps ... sharemarket greeted the higher-than-expected growth in the gross domestic product (GDP) with a rollercoaster ride – its rebound stymied by ...

The Federal Reserve held its key interest rate ... up from 2.5% in the December projections; and the Gross Domestic Product rising 1.7%, down from the 2.1% growth the most recent forecast.