Economy News Us Inflation Decelerating In Boost To Economy

US economy is growing at fastest pace in nearly 2 years — White House calls it ‘explosive growth’ as spending roars back. Is Trump really winning?

Take, for example, the fact that after months of dismal jobs numbers and recession predictions, a recent White House press release touted the U.S. Bureau of Economic Analysis’ revision of second ... Read More

‘Jenga Tower’ US Economy Teeters as Middle Class Pulls Back Spending

The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households, as higher-income Americans continue to drive growth. Read More

What today's inflation report says about the economy — and Social Security checks

Because of the shutdown, the federal government is belatedly releasing new Consumer Price Index numbers, which the Social Security Administration needs to adjust for next year's benefits. Well, much ... Read More

Federal Reserve cuts key interest rate in bid to boost job market

The Federal Reserve on Wednesday cut its benchmark interest rate for the second time this year as it seeks to boost economic activity and rejuvenate the sluggish labor market despite concerns about ... Read More

Rachel Reeves handed pre-Budget boost as inflation stays at 3.8%

Rachel Reeves was handed a welcome pre-Budget boost today as the rate of inflation unexpectedly remained unchanged at 3.8% in September. It was the third month on the trot that the Consumer Prices ... Read More