US economy slows in first quarter; inflation flares up

The U.S. economy grew at its slowest pace in nearly two years in the first quarter amid some moderation in consumer spending and a wider trade deficit, but an acceleration in inflation reinforced ... Read More

US economic growth slows in first quarter; inflation surges

The U.S. economy grew at its slowest pace in nearly two years as a jump in imports to meet still-strong consumer spending widened the trade deficit, but an acceleration in inflation reinforced ... Read More

Yellen: Subpar U.S. growth may get revised up, inflation will ebb

WASHINGTON (Reuters) -U.S. economic growth for the first quarter could be revised higher and inflation will ease to more normal levels, Treasury Secretary Janet Yellen told Reuters on Thursday after a ... Read More

This isn’t ‘some brink’ for the U.S. consumer despite concerning economic data, says TCW

A resilient consumer isn’t likely to turn into a wrecking ball for the U.S. economy, according to Peter Van Gelderen at TCW. Read More

Confounding US economic, inflation data muddy Fed's rate path

The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or trigger a recession with ... Read More

US consumer inflation accelerates in March, dampening rate cut hopes

The data raise the likelihood that the first Fed rate cut will come right before November’s presidential election ... Read More