Learn how GDP growth can influence inflation, impact economic health, and affect consumer purchasing power. Understand the relation for better financial decisions.
Key Takeaways While the majority of economists expect inflation to remain stable or fall this year, one forecaster believes it could rise to 4%.Tariffs and other economic policies of the Trump ...
The Federal Reserve last week began cutting rates over fears the labor market has softened sharply, but this week’s economic data could provide an antidote in the form of a strong reading on gross ...
December inflation rose to 3% as GDP slowed, reinforcing the Fed’s decision to hold rates steady despite weaker growth data.
Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ...
The last time inflation was low and largely invisible was in 2021. The Fed hasn't hit its 2% target since then. The last time U.S. inflation was below 2%, Tom Brady was the reigning Super Bowl MVP as ...
Tariffs may shape inflation far differently than standard economic models predict, according to a new working paper from two San Francisco Fed researchers. Their findings suggest the impact of trade ...
The Labor Department will release its latest monthly inflation report on Tuesday at a critical time for the economy, as the Federal Reserve will take stock of the impact of tariffs on consumer prices ...
What is called the "K-shaped economy," with stress on lower-income consumers leading to significant cutbacks while the wealthier continue to spend, is a key concern among companies. However, even ...
By Rufus AYISILess than two years ago, Ghana faced severe macroeconomic turmoil: inflation peaked at 54.1percent in December 2022, the cedi depreciated sharply, and businesses grappled with ...