Data Says Consumer Spending Pulled Back, Which Is Bad Economic News
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
Almost all of the conditions for an equity bubble have been met, says UBS
An equity bubble is pretty much upon this stock market, but it still has only a 35% chance of happening, according to a team of strategists at UBS led by Andrew Garthwaite. The strategists said in a ...
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
Inflation Eased Slightly in January, Fed’s Preferred Gauge Showed
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
Weekly economic and financial commentary
After a solid finish to 2024, the U.S. consumer rested up in January. Spending fell 0.2% despite solid income growth. The Fed ...
Fed’s Goolsbee Warns Against Overreliance on Productivity Gains
Federal Reserve Bank of Chicago President Austan Goolsbee lauded the recent increase in productivity growth, but warned that ...
Germany and the European Union should brace for difficult structural reforms
Twenty-five years after the launch of the euro, the European Union faces a serious predicament, with the two largest ...
Is Inflation Finally Cooling Again? The Fed's Favorite Gauge Says So
Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.
The Fed’s next inflation test is here. How it will guide interest rates.
The Federal Reserve’s preferred inflation gauge cooled in January, if economists’ forecasts are right.
Inflation gauge favored by Fed showed prices grew as expected in January
The latest reading of the Federal Reserve's preferred inflation gauge showed that prices rose in line with economists' ...
Fed’s preferred inflation gauge cools slightly in January after heated data this month
The Federal Reserve’s key measure of inflation cooled slightly in January, giving investors a glimmer of hope for interest rate cuts.
PCE inflation gauge matches expectations, offering relief to Fed
The latest reading of the Federal Reserve's preferred inflation gauge showed prices rose on a monthly basis but dropped year ...