Economy News Charting The Global Economy Us, Europe Inflation Stays Elevated

US inflation stays elevated but prices rose less than feared last month

U.S. inflation remained elevated last month as the costs of some imported goods rose while rental prices cooled. Read More

Charting the global economy: US consumers keep fuelling growth

US personal spending last month topped forecasts, illustrating consumers are generating momentum for the world’s largest economy and so far undaunted by stubborn inflation and high interest rates. The ... Read More

Europe's Central Bank leaves key interest rate unchanged as businesses weather US tariffs

Europe's economy has grown by a modest 0.2% in the third quarter, according to official figures released Thursday. Growth in the 20 countries that use the euro has been held back by higher ... Read More

Charting the Global Economy: Fed Reins In Rate-Cut Expectations

Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt climbed after the heads of US Federal Reserve and the Bank of Canada damped ... Read More

Trump’s tariffs are driving a wedge through the US economy, further separating the haves from the have-nots

Americans ramped up their spending in August; however, their costs of living were on the rise as food and other goods became even more expensive last month and services prices remained stubbornly high ... Read More

Global central banks converge towards rate cut caution

The U.S. Federal Reserve has moved back into line with other major rate setters after it cut rates by a quarter point on Wednesday but pushed back against market bets that it would keep going as the ... Read More

Global Economic Outlook Shows Modest Change Amid Policy Shifts and Complex Forces

In April, the United States shook global trade norms by announcing sweeping tariffs. Given the complexity and fluidity of the moment, our April report offered a range of estimates for the growth ... Read More