US GDP growth for the fourth quarter was revised down to just 0.7%, while core inflation remained high at 3.1% in January. New home sales collapsed by 17.6% month-over-month, the largest drop since July 2013, with home prices falling 6.8% year-over-year. Expectations indicate that the central bank has not made the desired progress in reducing inflation as hoped.
The ADP National Employment Report showed the U.S. private sector added 62,000 jobs in March 2026, surpassing the 40,000 forecast. Small firms were the primary growth driver, adding 85,000 positions, while larger enterprises faced net losses. Complementing this resilience, weekly jobless claims fell unexpectedly last…
Read the full storyUS import prices have recorded their largest increase in four years, signaling a potential re-acceleration of inflationary pressures across the economy. This surge complicates the Federal Reserve's monetary policy outlook and challenges the anticipated timeline for interest rate cuts. Wall Street investors are…
Chicago Fed President Austan Goolsbee indicated that the Federal Reserve has not ruled out further interest rate increases to combat persistent inflationary pressures, explicitly prioritizing inflation control over unemployment in his current risk assessment. The remarks come as core inflation remains stuck at 3.1%,…