US economy
Trump turns from Iran to economy as Republicans face midterm headwinds
Polls show a majority of Americans disapprove of the president’s handling of the war and blame him for rising petrol prices
War’s impact on firms goes beyond energy costs: Fed’s Beige Book
A growing number of officials are concerned the war could fuel inflation
US import prices increase less than expected in March
Import prices rose 0.8% last month after a downwardly revised 0.9% gain in February
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
