Economy News The Drop In Inflation In June Paves The Way For The Us Economy To Avoid A Recession, Former Pimco Chief Economist Says

Fed's Powell says economy may be on firmer footing, but job market weak

The U.S. labor market remained mired in its low-hiring, low-firing doldrums through September, though the economy "may be on a somewhat firmer trajectory than expected," Federal Reserve Chair Jerome ... Read More

UCLA forecasts ‘stagflation-lite’ economy with higher inflation and unemployment

The UCLA Anderson Forecast released Wednesday predicts economic growth will slow next quarter as the costs of the Trump administration's tariffs fully take hold, leading to a 'stagflation-lite' ... Read More

Economists see stronger US growth, but weak job gains and stickier inflation

Surging business investment is expected to offset weaker growth in consumption and global trade and keep the U.S. economy growing near trend, according to a National Association for Business Economics ... Read More

Is US headed for recession? Here’s what Moody’s chief economist Mark Zandi says

Moody’s Analytics chief economist Mark Zandi said on Tuesday that the US economy can most likely avoid a recession if the wealthiest individuals maintain their current level of spending. In a post on ... Read More