News list for "Atlan"
Trump's tariff storm has brought the US economy to a sudden halt! Atlanta Federal Reserve President warns: Any bold action by the Federal Reserve is too dangerous. Click to view...
The 2027 FOMC voting committee and Atlanta Fed President Robert Bostic will speak on monetary policy in ten minutes.
On March 29th, according to the US Geological Survey Earthquake Information Network, a magnitude 6.6 earthquake occurred in the central waters of the Mid-Atlantic Ridge at 1:17 am Beijing time on the 29th. The epicenter was located at 0.72 degrees north latitude, 29.76 degrees west longitude, and the focal depth was 6.4 kilometers.
According to Business Insider, Musk's xAI is building a $700 million data center in Atlanta, equipped with 12,448 Nvidia GPUs to support artificial intelligence training. The data center is jointly operated by xAI and X, where X contributes 90% of the hardware. The funding is allocated at $442 million for X, $258 million for xAI, and $10 million in tax breaks. The Atlanta government expects the project to have an economic impact of more than $241 million.
The Atlanta Fed's GDPNow model projects U.S. Quarter 1 GDP growth of 2.3% in 2025, up from a previous estimate of 2.9%.
Federal Reserve Bank of Atlanta President Robert Bostic said the job market is still doing pretty well and the latest inflation data shows it still needs to be monitored cautiously. And said GDP is more resilient than expected. It is difficult to have confidence in any forecast at this time given the uncertainty of policy on multiple fronts. The Fed will remain on the sidelines until it gets more clear information.
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.9% in the fourth quarter, compared with a previous estimate of 2.9%.
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.2% in the fourth quarter, compared with a previous estimate of 3.0%.
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 3.2% in the fourth quarter, compared with a previous estimate of 3.0%.
On January 22nd, according to Sina, Bill Ford, CEO of General Atlantic Capital Group, which is the anchor of ByteDance and Ford is a board member of ByteDance, said at an event in Davos, Switzerland on Wednesday that an agreement will be reached to ensure that TikTok can continue to be used in the United States.
Raphael Bostic, president of the Atlanta Fed, said policymakers should be cautious about keeping interest rates high in order to achieve their price stability goal, given the patchy progress in fighting inflation. In a podcast recorded on December 9 and released on Tuesday, Bostic said he expected inflation to continue to decline gradually this year and reach the Fed's 2 percent target as soon as possible.
The Atlanta Fed's GDPNow model projects U.S. GDP growth of 2.6% in the fourth quarter, compared with a previous estimate of 3.1%.
Kamala Harris, the vice president, called Atlanta's V-103 radio program to remind Georgia voters to get out and vote on Election Day, telling listeners, "We've got to get this done. It's polling day, and people need to get out and vote." Ms Harris said her focus for the day was "making sure everyone knows the power of their voice by voting", continuing to avoid mentioning former president Donald Trump by name in interviews, instead referring to him as "my opponent".
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, said the uncertainty surrounding the US Presidential Election could cause some businesses and consumers to delay making investment and spending decisions. "You're likely to see a stagnation in some businesses, especially when you're thinking about investments," he said on Friday at an event with high school students in Jackson, Mississippi. "The same will be true for families. Because inflation has been high, families are feel...
