The impact will take at least six months after Trump takes office to be felt, EY’s Gregory Daco said. “The US economy is a ...
U.S. inflation rose 2.6% on an annual basis last month, representing an uptick from September when the Federal Reserve began ...
Global equities stalled Wednesday while bitcoin hit a fresh high as traders fret over the impact of Donald Trump's presidency ...
US consumer inflation edged higher last month spurred by an increase in housing costs, according to government data published ...
On Thursday, the Federal Reserve's Federal Open Market Committee (FOMC) announced that it would lower the federal funds rate ...
The latest PCE data is the index's lowest reading since February 2021, noted EY Chief Economist Gregory Daco in an email. "No ...
“It's essentially the soft landing that many of us dreamed of,” said Gregory Daco, chief economist at the tax and accounting ...
American households continue to feel squeezed by inflation, which contributes to a more pessimistic view about the economy ...
As a presidential race profoundly shaped by Americans’ frustration with high prices nears its end, the government said ...
The Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.
The Fed may not have received the inflation data it wanted Thursday, but some economists said the central bank is still on ...