Economy News Us Economy Cooling In First Quarter Inflation Appears Sticky
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A hot economy and cooling jobs leave the Fed in a bind
The U.S. economy grew at its fastest rate in years, far exceeding economists’ projections for the third quarter. Read More
US economy backtracked in first quarter as Trump tariffs loomed
(The Hill) — U.S. gross domestic product (GDP) shrank during the first quarter of 2025 as a surge of imports ahead of President Donald Trump’s tariffs took a bite out of economic growth calculations. Read More
The US economy expanded at the fastest pace in two years as wealthier Americans kept spending
An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ... Read More
Fed’s Musalem Sees US Economic Rebound in First Quarter
Federal Reserve Bank of St. Louis President Alberto Musalem said he expects the US economy to bounce back strongly early next year, underscoring the need for officials to approach additional ... Read More
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