PCE rises 0.4% and GDP falls to 1.4%: stagflation shadow looms over the US
PCE rose 0.4% monthly (above expectations) and Q4 GDP fell to just 1.4% vs 3% expected. The combination puts the Fed in an impossible position.
17 articles found
PCE rose 0.4% monthly (above expectations) and Q4 GDP fell to just 1.4% vs 3% expected. The combination puts the Fed in an impossible position.
Walmart reported earnings beating expectations, but guidance disappointed. Its CEO revealed a split economy: the wealthy spend more, the poor are at their limit.
The US Supreme Court could strike down Trump's tariffs as early as Friday. They cost the average household $1,751/year. Here's what to expect.
The Federal Reserve released its January meeting minutes revealing a split decision to hold rates. Two members voted to cut. Here is what it means for your wallet.
US national debt will hit 108% of GDP by 2030 per CBO. Interest payments double to $2.1 trillion. Here's how it affects your finances.