Fourth-quarter GDP revised down to just 0.7% growth; January core inflation was 3.1%

The PCE price index for January was expected to show headline inflation at 2.9% and core at 3.1%.
Finance & Commerce

U.S. economy expands at surprisingly strong 4.3% rate in Q3

WASHINGTON — The U.S. economy grew at a surprisingly strong 4.3% annual rate in the third quarter, the most rapid expansion in two years, as government and consumer spending, as well as exports, all ...
Hosted on MSN

Inflation is an 'economic thief.' Can the Fed finally arrest the frustrating rise in prices?

It was February 2021. NFL great Tom Brady had just won the last of a record seven Super Bowls. Amazon founder Jeff Bezos said he was stepping down as CEO. And an experimental COVID-19 vaccine was ...

War-Induced Inflation Spike Looms Over Europe’s Economic Recovery

For months, the region has been encouraged by low inflation and better-than-expected economic growth. A disruption to energy supplies from the Middle East could knock it off course.
CNN

Inflation slowed in January, but some prices are still biting

A Friday the 13th economic report appeared to deliver some fortunate news: Annual inflation slowed significantly. However, certain details of the latest Consumer Price Index presented a more ...

Australian economy picks up speed, but managing inflation and rates is getting harder

Australia’s economy grew at its fastest annual rate in almost three years in the December quarter, rising 2.6%, although this ...