The core PCE price index, the Fed's preferred inflation gauge, accelerated a seasonally adjusted 0.3% for the month, pushing the 12-month inflation rate to 3.2%. Headline prices rose 0.7%, putting the ...
An inflation measure closely followed by the Federal Reserve increased 0.3% in January, as the annual pace slowed to 2.8%, the Bureau of Economic Analysis said on Friday. The core personal consumption ...
The U.S. economy grew at an annual rate of 1.4% in the fourth quarter – a sharp drop from the 4.4% of the prior period, the Bureau of Economic Analysis said on Friday. Economists had expected a gain ...
Q4 2025 GDP growth was weak at 1.4%, but largely distorted by a temporary government shutdown, masking stable private sector demand. Consumer spending and AI-driven nonresidential investment supported ...
Inflation in the euro zone jumped in April, flash data showed Thursday First quarter GDP data also showed a limping regional economy. The data prints come ahead of the European Central Bank's next ...
High gas prices pushed up inflation again last month while adding to Americans’ financial strain: Households are saving at the lowest rate in nearly four years, a new report showed Thursday. The Iran ...
(The Center Square) – Last week’s jobs report looked reassuring at first glance. Payrolls rose by 178,000 in March and the unemployment rate edged down to 4.3%. But the details were softer than the ...
The US economy may have a new problem: It’s too strong.
If there is no painless way to combat inflation, as Fed Chair Jerome Powell suggests, then we should at least be honest about who will endure the pain. Chair of the Federal Reserve Jerome Powell at a ...
The I.M.F. projected world output growth would fall to 3 percent for the year, a number pushed down by high commodity prices. By Alan Rappeport Reporting from Washington The global economy is set to ...
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