U.S. Economy Growing at Fastest Pace Since 2021

At 4.9%, Q3's annualized GDP growth was more than double the second-quarter pace.

By Reade Pickert | October 26, 2023 at 12:53 PM

Photo: A worker puts together a cabinet at a wood shop in Auburn, Kentucky. Photographer: Luke Sharrett/Bloomberg

The U.S. economy grew at the fastest pace in nearly two years last quarter on a burst of consumer spending, which will be tested in coming months.

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Yields on New China Dollar Bonds Fall Below Treasuries in Debut

By Ameya Karve, Finbarr Flynn and Lorretta Chen | November 18, 2024

Chinese investors’ enthusiasm is helping China’s dollar bonds trade at lower yields than U.S. Treasuries—a historical anomaly because the U.S. securities have historically been considered the safest of investments.

Yields on New China Dollar Bonds Fall Below Treasuries in Debut

‘Rates Will Be a Lot Lower’ in 12 to 18 Months

By Catarina Saraiva and Laura Curtis | November 18, 2024

Chicago Federal Reserve President Austan Goolsbee says that although the Fed will take its time reducing interest rates, the end result will be much lower rates if inflation stays near the Fed’s target.

‘Rates Will Be a Lot Lower’ in 12 to 18 Months

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In October, the PPI rose 2.4% year-over-year.

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