Government spending – federal, state and local – grew by less than consumer spending and business investment last year.

The personal consumption expenditures price index, a measure the Fed uses as its main forecasting tool, showed inflation at 2.8% for the month both for headline and core in November. The readings were ...

Nigerian economy is set to witness stronger growth this year, economists and finance experts have said. Experts who spoke at the roundtable organised by the Chartered Institute of Bankers of Nigeria ...

BlackRock's Rick Rieder said it was concerning that strong economic growth wasn't being matched by job creation. (Richard Drew/AP) Tuesday's steady CPI report was the latest data point suggesting that ...

The World Bank Group yesterday projected two-year 5.6 per cent growth in low-income countries driven by stronger domestic demand, exports recovery, and easing inflation. In its latest Global Economic ...

The US had nearly beaten back inflation, but tariffs are expected to revive it. After soaring to 6.5% in 2022 (the highest since 1981), PCE inflation dropped to 3.8% in 2023 and 2.6% in 2024. It’s ...

Wages have largely kept up with inflation since the Covid-19 pandemic started in 2020 — but for many workers, it hasn't felt like much of a win. Price increases and pay gains have seesawed over the ...

The annual inflation rate hit 2.7 percent in December, according to data released Tuesday by the Bureau of Labor Statistics (BLS). The new consumer price index (CPI) data showed inflation holding flat ...

The Indian economy is resilient and expected to be the world’s fastest-growing, buoyed by low inflation and underpinned by financial stability, according to a key adviser to Prime Minister Narendra ...

FRANKFURT, Jan 6 (Reuters) - Inflation slowed more than expected in some of the euro zone's biggest economies last month while economic growth held up, confirming views that price pressures have ...

With the federal government now reopened after a six-week shutdown, we’re witnessing some remarkably positive economic developments. The annual inflation rate has dropped to 2.7 percent, while the ...