US economy
Fed’s Bowman says too soon to judge inflation impact of Iran war
The US war in Iran has pushed up energy prices
Fed’s Schmid says officials must signal commitment to inflation
FEDERAL Reserve Bank of Kansas City President Jeff Schmid said he remained focused on elevated inflation and officials should make it clear they’re willing to do what is needed to achieve price stabil...
Fed’s Musalem says officials can’t rely on AI boom to fix inflation
Investors are betting there is more than a 50 per cent chance the Fed will raise rates by the end of the year
Warsh’s new challenge: Containing Fed hawks as inflation simmers
Trump has said he wants Warsh to act independently as Fed chair
US core capital goods orders fall in April
[WASHINGTON] New orders for key US-manufactured capital goods unexpectedly fell in April after hefty gains in the prior months, but demand remains underpinned by an artificial intelligence spending bo...
US Q1 GDP growth revised lower to 1.6% pace
The downgrade to Q1 GDP estimate reflected downward revisions to inventory investment and consumer spending
CEOs turn pessimistic about US economy as supply risks mount
Nearly half of the respondents say the economic conditions are worse in Q2, from 8% in Q1
US mortgage rate rises to nine-month high, worsening affordability again
Lack of housing supply is a key driver behind the lacklustre pace of home sales
US consumer confidence ebbs in May as inflation worries mount
Consumer confidence edged downward in May as the inflationary impacts of the war in the Middle East intensified