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#ConsumerSpending #Economy #LaborMarket
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US consumer spending rises, labor market remains in lackluster shape
WASHINGTON, Jan 22 (Reuters) - U. S. consumer spending increased solidly in November and October as households stepped up purchases of a range of goods and services, likely keeping the economy on track for a third straight quarter of strong growth.
#CentralBankIndependence #MonetaryPolicy #EconomicStability
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How the Fed and four other central banks have handled political pressure
Jan 22 (Reuters) - Central bank independence - the ability to set interest rates free from political pressure - is widely seen as critical to a nation's economic wellbeing, and it's one reason why President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook is drawing so much attention.
#Finance #MarketVolatility #Tariffs
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Wall Street ends lower amid global selloff on Trump Greenland tariff threats
Jan 20 (Reuters) - All three major Wall Street indexes closed well down on Tuesday, joining other global stock markets in a broad selloff triggered by concerns that fresh tariff threats from President Donald Trump against Europe could signal renewed market volatility.
