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

A Federal Reserve Bank of Atlanta policy advisor who tracks the economy’s growth said new data shows the U.S. in the negative this quarter.

U.S. Bureau of Economic Analysis. “Gross Domestic Product as a Measure of U.S. Production.” Page 8. Federal Reserve Bank of St. Louis. "Table 1.7.5. Relation of Gross Domestic Product ...

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 ...

Gross domestic product, or GDP, is a measure of a ... In addition, depreciation—a reserve that businesses set aside to account for the replacement of equipment that tends to wear down with ...

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 ...

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 ...

In a note to investors released on Friday evening, the firm's chief U.S. economist, Michael Feroli, said that the country's ...