President Donald Trump imposed tariffs on Canada, Mexico, and China, claiming they would fix trade imbalances and protect ...
Such a scenario entails high inflation and low economic growth, two things that don't normally go hand in hand. Stagflation slammed the US during the 1970s and economists say it can be even ...
(CNN) — The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another potential red flag for the US economic engine: Consumers pulled ...
The Bureau of Economic Analysis' second estimate of fourth quarter US gross domestic product (GDP) remained unchanged from the advance estimates, showing an annualised growth of 2.3% in Q4 2024.
DURHAM, N.C. (WTVD) -- According to the Personal Consumption Expenditures Price Index, inflation cooled slightly in January, though other metrics highlighted a continued level of economic strain.
Nigeria’s economic crisis is hitting renters in Lagos hard as landlords pass down the costs of spiraling inflation — pushing residents further out, upending children’s education, and adding ...
This is not unusual. Once inflation becomes embedded in an economy, it self-perpetuates. Businesses set prices based not just on today’s costs but on what they expect them to be in six months.
While high inflation hasn’t been the sore spot for US consumers that it was in 2022, inflation has remained sticky into 2025. As Morningstar senior reporter Sarah Hansen points out, “The ...
“Consider these figures a flashing yellow light regarding growth and inflation prospects,” Mohamed El-Erian, chief economic adviser at the European insurance giant Allianz, posted on X shortly ...
Economic jitters are showing up across various sentiment surveys as the Trump administration aims to reconfigure America’s trade relationship with the world and inflation shows signs of getting ...
Do you ever wonder why some things are way more expensive than they were when you were a kid? It’s a sign of something important in our economy—inflation. Inflation is a measure of how much prices for ...
Inflation expectations have also risen among political independents, however — a significant development because their assessment of the economy is typically more stable, said Joanne Hsu ...