US economy
US consumer prices surge as expected in March
The CPI jumped 0.9% last month, the largest increase since June 2022
US Q4 GDP growth revised lower to a 0.5% rate
Revisions to Q4 growth pace reflected downgrades to business spending on intellectual products as well as inventories
US economic fundamentals in a ‘good place’ despite Iran war: US Fed President Daly
SAN Francisco Federal Reserve President Mary Daly on Wednesday said the US economy is fundamentally in a “good place” despite sharply higher oil prices from the Iran war and the uncertainty over how l...
US inflation expectations jump with Iran war, Fed survey finds
Food costs are seen rising by 6% over the next year
The growing odds of a US stagflation trap
The oil shock from the Iran War could tip the American economy from slowdown into something more problematic
US service sector cools in March; price paid measure highest in 3½ years
It’s an early sign that the prolonged war with Iran was boosting inflation pressures
Citigroup pushes back Fed rate cut timeline after strong US job numbers
Downside risks for the labour market are mounting from a war with Iran that has no clear end in sight
US inflation seen spiking in first snapshot since Iran war
Oil prices have climbed to almost US$120 a barrel last month
Strong US jobs numbers make the Fed’s job easier
March job growth gives policymakers some breathing room to focus on the inflation side of their mandate
US March employment growth rebounds; jobless rate falls to 4.3%
Nonfarm payrolls increased by 178,000 jobs last month after a downwardly revised 133,000 drop in February
