Fed's Williams said he's 'very focused' on getting inflation back to target 
 

"While we've seen great progress toward achieving our goals, the journey is not yet over, and I am very focused on making sure we complete this mission successfully."


 
U.S. economy's fourth-quarter growth rate downgraded to 3.2%, GDP shows. Still very strong. 
 

The growth of the economy in the fourth quarter was downgraded slightly to a 3.2% annual pace, but the U.S. is still expanding at a rapid clip and shows few signs of slowing down.


 
Shares of Chip Makers Dip; Bitcoin Tops $64,000 
 

Stock indexes were modestly lower, with shares of chip makers among those posting declines.


 
Speaker Mike Johnson Makes Offer to Fund Government, Avoid Shutdown 
 

The proposal would push the funding expiration date for federal agencies poised to lose money after Friday until March 8.


 
China to Step Up Oversight on Direct Market Access Strategy 
 

The move by the China Securities Regulatory Commission comes after other recent measures aimed at boosting investor sentiment in China's sluggish stock markets.


 
U.S. trade in goods deficit widens 2.6% in January 
 

The U.S. trade deficit in goods widened 2.6% to $90.2 billion in January, according to the Commerce Department's advanced estimate released Wednesday.


 
Bank of Mexico Lowers 2024 Economic Growth Forecast 
 

The Bank of Mexico lowered its economic growth forecast for this year after a weaker than expected fourth quarter, while still projecting activity to be fueled by election-year government spending.


 
Eurozone Confidence Struggles to Recover 
 

The eurozone sentiment indicator unexpectedly worsened in February, with consumer confidence improving slightly but all other economic sectors deteriorated.


 
U.S. Crude Oil Stocks Rose by 4.2 Million Barrels Last Week 
 

U.S. crude oil inventories rose by 4.2 million barrels last week, surpassing estimates for a rise of 1.5 million barrels.


 
Mortgage rates stay over 7%, stalling home-buying demand 
 

Mortgage applications fell 5.6% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.04%.


(END) Dow Jones Newswires

02-28-24 1515ET