US Economy News Today: Federal Reserve Officials Downplay Rate Cut Expectations

Federal Reserve speakers will continue to parse incoming data in public speaking engagements and the Fed's turn toward "higher-for-longer" interest rates put more pressure on the housing market. Read More

Economists Raising Expectations for U.S. Economy

“Most economists thought that the Fed’s aggressive campaign to raise interest rates would do far more to slow the economy than it has. Read More

US Consumer Sentiment Slips in April; Inflation Expectations Rise

WASHINGTON (Reuters) - U.S. consumer sentiment ebbed in April while inflation expectations for the next 12 months and beyond increased, a survey showed on Friday. The University of Michigan's ... Read More

Survey: Economists say hot inflation is at risk of lingering until at least 2025

Inflation is nowhere near as hot as it was when shortages were ravaging global supply chains and consumers were flush with pandemic-era stimulus. Yet, price pressures are still higher than the ... Read More

Strong US retail sales boost first-quarter growth estimates

U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter on solid ground. Read More

Bank of Canada Survey Signals Softening in CPI Expectations

The majority of economists believe the central bank could begin cutting rates in June ... expectations, released alongside the business-outlook survey, suggested consumers expect inflation ... Read More

US Fed's preferred inflation gauge ticks up as fuel costs rise

The figure was in line with the median forecasts in a survey of economists ... stable inflation expectations, and likely disinflation in rents to come all make us confident that inflation will ... Read More

World faces permanently higher interest rates, warns Bank of England official

Inflation fell less than expected in Britain last month, official figures show, as Andrew Bailey indicated the Bank of England will begin cutting interest rates this summer. Read More

US inflation increases moderately in February; consumer spending surges

US prices rose moderately in February and Consumer spending surged by 0.8%. In the 12 months through February, PCE inflation advanced 2.5% after increasing 2.4% in January. Economists polled by ... Read More

US Payrolls Seen Hitting at Least 200,000 for a Fourth Month

(Bloomberg) -- Healthy US employment ... in the world’s largest economy are seen increasing by at least 200,000 for a fourth straight month, according to a Bloomberg survey of economists. Read More

February consumer inflation rose 2.8% from 2023, in line with expectations

March 29 (UPI) --U.S. consumer inflation rose slightly in February, in line with economists' expectations ... booster rocket has been used. U.S. News // 2 hours ago Colombian extradited to ... Read More