The latest GDPNow model update lowers second-quarter U.S. growth estimates following weaker consumption and investment data. The Atlanta Fed’s GDPNow model revised its estimate for second-quarter U.S. GDP growth to 3.8 percent, down from 4.3 percent on May 21. The adjustme
Musalem stresses caution on policy easing amid rising inflation expectations and below-neutral real rates. St. Louis Federal Reserve President Alberto Musalem signaled caution on monetary policy easing, citing upward inflation pressures and a real policy rate below the lon
Musalem stresses caution on policy easing amid rising inflation expectations and below-neutral real rates. St. Louis Federal Reserve President Alberto Musalem signaled caution on monetary policy easing, citing upward inflation pressures and a real policy rate below the lon
JPMorgan notes outflows from bitcoin and gold ETFs alongside reduced futures positions amid cooling inflation concerns and geopolitical easing. Investors are pulling back from bitcoin and gold, signaling a decline in the so-called 'debasement trade' as inflation fears ease
Federal Reserve Bank of New York President highlights solid labor market and AI-driven productivity gains amid near-term inflation concerns. New York Fed President John Williams stated the US economy remains robust, with a strong labor market and rising productivity driven
Federal Reserve Bank of New York President highlights solid labor market and AI-driven productivity gains amid near-term inflation concerns. New York Fed President John Williams stated the US economy remains robust, with a strong labor market and rising productivity driven
Federal Reserve Bank of New York President highlights solid labor market and AI-driven productivity gains amid near-term inflation concerns. New York Fed President John Williams stated the US economy remains robust, with a strong labor market and rising productivity driven
WASHINGTON, May 28 U.S. economic growth was not a strong as initially thought in the first quarter, and momentum is set to slow this quarter, with the war with Iran stoking inflation and squeezing households finances. Gross domestic product increased at a 1.6% annualized r
WASHINGTON, May 28 U.S. economic growth was not a strong as initially thought in the first quarter, and momentum is set to slow this quarter, with the war with Iran stoking inflation and squeezing households finances. Gross domestic product increased at a 1.6% annualized r
The U.S. economy grew at an annual rate of 1.6 percent in the first quarter of 2026, the Bureau of Economic Analysis said Thursday, revising its earlier estimate down 0.4 percentage points. The downward revision from the 2.0 percent advance estimate reflected weaker invest
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