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More Bad News for the Fed: Its Favorite Inflation Gauge Increased More Than Expected in March


Inflation is showing little signs of cooling. The core personal consumption expenditures price index, the Federal Reserve 's favorite inflation gauge, held steady last month, and that's still too hot ... Read More

Stubborn Inflation Could Prod Fed to Keep Rates High for Longer


Fed officials typically keep a close eye on a measure that strips out food and fuel costs, both of which are volatile, to get a sense of the underlying inflation trend. That “core” measure increased ... Read More

External factors to play big role in GDP growth


“So, the aggregate will be a good one, but I think that investments will still play a marginal role ... for 2022 at between 5.3% and 6.3% (2021: 3.1%). In a statement on Saturday, Finance ... Read More

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