Economy News Brace For A Sharp Inflation Drop That Still Won T Be Enough To Return The Economy To Normal, Top Economist Mohamed El Erian Says

Here’s what the latest inflation and spending data reveals about the US economy

Key monthly metrics from the US government continue to be released now that the shutdown has ended. Next up: September wholesale inflation and retail sales. Read More

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn infla ... Read More

Shutdown Sparks Sharp Drop in U.S. Consumer Sentiment

The University of Michigan Consumer Sentiment Index fell to 50.3 in November, the lowest level since June 2022, while its survey results on current economic conditions were at the lowest point in the ... Read More